AWS FinOps Simplified

5

Governing Cost and Usage

The previous two chapters explained the need to practice proper inventory management and thoughtful budgeting in your FinOps efforts. We explored native AWS tools that can help you implement these practices. Although these practices have good intent, good intentions alone do not yield long-term benefits. You must also have controls in place to ensure your good intentions produce the desired results. Controls mitigate financial risks and detect deviations from intended results, while governance accomplishes the good intentions proposed in the previous chapters.

We will see how to apply governance to your cost optimization efforts. These methods do not equate to stifling agility, rather, they are there to provide the ...