A company has refined its workload to use specific AWS services to improve efficiency and reduce cost. Which best practice for cost governance does this example show?
It should be C as per the AWS documentation:
https://docs.aws.amazon.com/whitepapers/latest/cost-management/cost-governance-best-practices.html
"Architecture optimization focuses on the need to continually refine workloads to be more cost-conscious to create better architected systems."
The example you've provided showcases "C. Architecture optimization." When a company refines its workload to specifically use AWS services to improve efficiency and reduce costs, it's optimizing its architecture. This involves choosing the most suitable and cost-effective services and configurations based on the workload requirements, which is a fundamental aspect of cost governance within cloud environments.
C. Architecture optimization
The example provided demonstrates the best practice of architecture optimization. By refining its workload to use specific AWS services, the company aims to improve efficiency and reduce costs. Architecture optimization involves designing and implementing the most efficient and cost-effective architecture for a system. By leveraging the right AWS services and resources, companies can optimize their infrastructure to meet their workload requirements while minimizing costs.
Architecture optimization is a best practice for cost governance that involves designing and deploying your workloads in a way that minimizes costs. This can be done by using the right AWS services for the job, optimizing your resource utilization, and using cost-saving features such as Reserved Instances and Spot Instances.
C. Architecture optimization: By selecting specific AWS services to refine their workload, the company is optimizing their architecture to improve efficiency and reduce costs. This involves identifying the most appropriate AWS services that align with their workload requirements and leveraging the inherent capabilities and cost-effectiveness of those services. This optimization can involve choosing serverless architectures, utilizing managed services, or implementing cost-effective storage solutions, among other considerations.
C. Architecture optimization
The example provided shows the best practice of architecture optimization for cost governance. Architecture optimization is the process of refining an organization's workloads to use specific AWS services or configurations to improve efficiency and reduce costs. By choosing the most cost-effective services and configurations, an organization can optimize its architecture to minimize costs while still meeting its performance and functionality requirements.
The example given shows the best practice for cost governance of C. Architecture optimization.
By refining its workload to use specific AWS services to improve efficiency and reduce cost, the company is optimizing its architecture to minimize unnecessary resource usage and maximize cost-effectiveness. This is a key aspect of cost governance, as it helps to ensure that resources are being used efficiently and cost-effectively.
Resource controls refer to setting limits on resource usage to prevent over-provisioning and unnecessary costs. Cost allocation involves assigning costs to specific users, teams, or departments for accountability and cost optimization. Tagging enforcement involves the use of tags to label and categorize resources for better cost management.
While all of these practices are important for cost governance, architecture optimization is a foundational best practice that underlies many of the other practices.
The example you provided shows the best practice of architecture optimization for cost governance in AWS. By refining its workload to use specific AWS services, the company is optimizing its architecture to improve efficiency and reduce cost. This practice involves identifying and using the most appropriate AWS services to meet the specific needs of the application, which can help to reduce cost by eliminating unnecessary resources and minimizing resource usage.
The example provided shows the best practice of architecture optimization. By refining their workload to use specific AWS services, the company has optimized their architecture to improve efficiency and reduce costs.
Option A, resource controls, involves setting limits on the resources that can be used by an individual, team, or application to manage costs. This is not related to the example provided.
Option B, cost allocation, involves tracking costs across multiple accounts, teams, or applications to assign costs to the appropriate entity for accountability and financial reporting. This is not related to the example provided.
Option D, tagging enforcement, involves enforcing a consistent set of tags on AWS resources to make it easier to search, filter, and track costs. This is not related to the example provided.
Therefore, the best answer is C, architecture optimization.
C. Architecture optimization.
Refining a workload to use specific AWS services to improve efficiency and reduce cost is an example of the best practice of architecture optimization for cost governance. Architecture optimization involves designing and configuring AWS resources and services to minimize costs while meeting performance and availability requirements.
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