Summary

We have covered lots of things in this chapter. We started by introducing native Azure tools and then looked at the Microsoft WAF Cost Optimization assessment. The team collaboratively works to complete the assessment and establish the baseline score. Then, we discussed traditional cost allocation and ABC allocation from a cost accounting point of view. Taking that concept further, we used billing accounts, management groups, subscriptions, and resource tags to allocate the cost for a workload running in Azure. By using the Cost Analysis feature of Cost Management + Billing in Azure, we looked at various scenarios and how to effectively use the tool to accomplish the tasks given by the finance and procurement teams.

In the next chapter, we will look at benchmarking the current cloud spending and how to establish a budget for a workload, department, or business unit.