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Cost Optimization Strategies Flashcards
| Front | Back |
| How can compute costs be optimized using Lambda | Pay only for execution time, eliminating idle resources |
| How can Spot Instances reduce costs | By utilizing unused EC2 capacity at a lower price |
| How do Amazon S3 storage classes optimize costs | By offering tiers based on access frequency and redundancy |
| How do Reserved Instances differ from on-demand instances | Reserved Instances offer lower costs for commitments |
| How does Amazon EC2 instance reservation help manage costs | By allowing prepayment for discounted capacity |
| How does Rightsizing help reduce costs | By optimizing resource utilization based on actual workloads |
| What does AWS Cost Explorer help with | Visualizing and analyzing your AWS costs and usage |
| What is the advantage of using Auto Scaling for cost management | Automatically adjusts resources to meet demand and control costs |
| What is the benefit of using Consolidated Billing | Aggregates costs and usage for multiple accounts |
| What is the key benefit of Reserved Instances | Cost savings for predictable workloads |
| What is the main purpose of AWS Savings Plans | Flexible pricing models for consistent usage |
| What is the purpose of AWS Cost and Usage Reports | Provides detailed usage scenarios for cost analysis |
| What service helps monitor and control AWS usage across accounts | AWS Budgets |
| What strategy can reduce data transfer costs in AWS | Using CloudFront to cache content closer to users |
| What tool provides recommendations for cost optimization | AWS Trusted Advisor |
Front
How does Amazon EC2 instance reservation help manage costs
Click the card to flip
Back
By allowing prepayment for discounted capacity
Front
How can compute costs be optimized using Lambda
Back
Pay only for execution time, eliminating idle resources
Front
What tool provides recommendations for cost optimization
Back
AWS Trusted Advisor
Front
How do Reserved Instances differ from on-demand instances
Back
Reserved Instances offer lower costs for commitments
Front
What does AWS Cost Explorer help with
Back
Visualizing and analyzing your AWS costs and usage
Front
What is the purpose of AWS Cost and Usage Reports
Back
Provides detailed usage scenarios for cost analysis
Front
How do Amazon S3 storage classes optimize costs
Back
By offering tiers based on access frequency and redundancy
Front
What is the advantage of using Auto Scaling for cost management
Back
Automatically adjusts resources to meet demand and control costs
Front
What service helps monitor and control AWS usage across accounts
Back
AWS Budgets
Front
What is the benefit of using Consolidated Billing
Back
Aggregates costs and usage for multiple accounts
Front
What is the key benefit of Reserved Instances
Back
Cost savings for predictable workloads
Front
How does Rightsizing help reduce costs
Back
By optimizing resource utilization based on actual workloads
Front
What is the main purpose of AWS Savings Plans
Back
Flexible pricing models for consistent usage
Front
How can Spot Instances reduce costs
Back
By utilizing unused EC2 capacity at a lower price
Front
What strategy can reduce data transfer costs in AWS
Back
Using CloudFront to cache content closer to users
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This deck provides concepts related to AWS cost-efficient solutions, resource planning, Reserved Instances, and usage analysis.