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On this page
  • Design Principles
  • Best Practices
  • Cost-effective Resources
  • Matching Supply and Demand
  • Expenditure Awareness
  • Optimizing Over Time

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  1. Cloud Computing
  2. AWS
  3. Well Architected Framework

Cost Optimization

The ability to avoid or eliminate unneeded cost or suboptimal resources.

Design Principles

  • Adopt a consumption model

    • You don't need to pay for what you don't use (unlike a paid-for datacenter)

  • Measure overall efficiency

  • Stop spending money on data centers

  • Analyze and attribute expenditure

  • Use managed services

Best Practices

Cost-effective Resources

  • Reserved and Spot

    • EC2 Instances

  • Cost Allocation Tags

  • Monitor using Cost Explorer in Billing

Matching Supply and Demand

  • Scale In when Demand Drops

    • Auto Scaling

Expenditure Awareness

  • Notifications when Costs Exceed Budget

  • Cost Allocation Tags

Optimizing Over Time

  • Weekly Update Email

  • AWS News Blog

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Last updated 5 years ago

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