You are the project manager of a team using AWS to run multiple projects for different clients. Which feature best helps you organize and track costs for each project in the AWS Cost and Usage Report?
IAM Roles
Cloud Functions
Cost Allocation Tags
Savings Plans
Cost allocation tags enable you to assign metadata to AWS resources. By using these tags, you can categorize your costs by project, client, or any other business dimension, and see detailed billing reports that break down costs accordingly. This helps in better managing and tracking expenditure against budgets. Savings Plans are a pricing model for reducing costs, IAM Roles manage permissions, and Cloud Functions (a generic term for services like AWS Lambda) are a serverless compute service; none of these are used for organizing and tracking costs.
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