Creating cost and resource estimations
In this section, we will discuss various considerations, methods, and techniques that we apply to create estimations. We will briefly discuss both infrastructure estimations as well as human resource estimations. Infrastructure estimations are closely related to capacity planning. So, we will start our discussion with capacity planning.
Storage and compute capacity planning
To create an infrastructure estimate, you have to find out the data storage needs (RAM, hard disks, volumes, and so on) and the compute needs (the number of CPUs/vCPUs and cores it should have). This process of figuring out the storage and compute needs is called capacity planning. We will start by learning about the factors that need to be considered while conducting capacity planning.
Factors that need to be considered while conducting capacity planning
The following are the various factors that should be taken into consideration while creating a capacity plan...