Managing costs
Azure Cost Management + Billing is a suite of tools designed to assist in the analysis, management, and cost optimization of Azure workloads. It assists in the following management tasks relating to costs:
- Billing administration tasks
- Managing billing access
- Reports on cost and usage data
- Configuration of budgets
- Identifying opportunities to optimize costs
Cost Management
Cost Management contains many facets and should be considered in its entirety; this includes costs analysis, governance, and reporting. For the purpose of the exam, we will investigate cost analysis and report scheduling.
Cost analysis
Cost analysis assists in understanding expenditure within Azure. Quick reports are automatically generated to provide insights into current and historical expenditure on the scope chosen. Further to understanding current costs, the utility predicts anticipated forecast expenditure for the month ahead.
In the following screenshot...
