4.4
stars
16 ratings

Morgan Willis

Top Instructor

Offered By

Cloud Cost Management: Optimization Strategies

Amazon Web Services

About this Course

2,913 recent views

Cloud cost management is the organizational planning that allows an enterprise to understand and manage the costs and needs associated with its cloud technology. In particular, this means finding cost-effective ways to maximize cloud usage and efficiency. AWS has a set of services, tools and resources to help the customers with cost management and optimization. This course will highlight the solutions and best practices to get started with optimizing AWS cost and capacity.
For effective cost control in cloud computing services, it is quite important to analyze and manage cloud cost and leverage cloud cost management tools to help discover the cause(s) of these inefficiencies. Unplanned cloud costs are frequently the result of lack of visibility about the current consumption patterns and past trends, nonstandard deployments that come from unclear or absent development processes, poor organization, or the absence of automated deployment and configuration tools. By contrast with on-premise infrastructure, which is financed by fixed upfront investments, cloud consumption is an everyday operational expense. This requires a huge shift in your approach to operational management, where optimizing cloud cost is as important as optimizing performance.

A well-defined cost optimization framework helps establish cloud budget, design standards and best practices to follow that budget, and employ cloud solutions that support the organization’s financial goals.

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Beginner Level

Familiarity with cloud computing and the AWS cloud

Approx. 5 hours to complete

English

Could your company benefit from training employees on in-demand skills?

Try Coursera for Business

What you will learn

Estimate costs before you create the services
Monitor costs with budgets, alerts and cost analysis

Skills you will gain

Financial Management
Cloud Computing
cost management

Flexible deadlines

Reset deadlines in accordance to your schedule.

Shareable Certificate

Earn a Certificate upon completion

100% online

Start instantly and learn at your own schedule.

Beginner Level

Familiarity with cloud computing and the AWS cloud

Approx. 5 hours to complete

English

Could your company benefit from training employees on in-demand skills?

Try Coursera for Business

Instructor

Morgan Willis
Top Instructor

Senior Cloud Technologist

AWS Training & Certification

557,104 Learners

19 Courses

Offered by

Amazon Web Services

Since 2006, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud platform. AWS offers over 90 fully featured services for compute, storage, networking, database, analytics, application services, deployment, management, developer, mobile, Internet of Things (IoT), Artificial Intelligence, security, hybrid and enterprise applications, from 44 Availability Zones across 16 geographic regions. AWS services are trusted by millions of active customers around the world — including the fastest-growing startups, largest enterprises, and leading government agencies — to power their infrastructure, make them more agile, and lower costs.

Coursera and AWS have been partners since 2017 providing learners and enterprises globally, the skills they need to succeed. Coursera builds on AWS servers to scale with student demand with confidence around capacity and elasticity and in partnership with AWS. In 2019, Coursera achieved Advanced Tier Partner status and further extended the partnership with AWS Educate, AWS EdStart and AWS Academy collaborations. Coursera's been able to make cloud skills more accessible with 8 AWS courses on the Coursera platform featuring top subject matter experts and the portfolio continues to grow. To learn more about AWS, visit https://aws.amazon.com.

See how employees at top companies are mastering in-demand skills

Learn more about Coursera for Business

Syllabus - What you will learn from this course

Week1

Week 1

2 hours to complete

Week 1

Welcome to Week 1 of Cloud Cost Management: Optimization Strategies. This week, you will be introduced to fundamental concepts of traditional IT financial management versus cloud financial management. You will review the four pillars of cloud financial management and the fundamentals of AWS pricing so you can learn how to use them to your advantage. Lastly, you will get hands-on with the AWS Pricing Calculator to learn how you can estimate costs.

2 hours to complete

8 videos (Total 36 min), 6 readings, 1 quiz

8 videos

Welcome to Cloud Cost Management2mWeek 1 Introduction1mTraditional IT Financial Management vs. Cloud Financial Management5mCloud Financial Management Best Practices3mFour Pillars of Cloud Financial Management7mCost Awareness and Main AWS Pricing Drivers4mAWS Pricing Calculator Demo5mEstimate Cost Based on Best Practices5m

6 readings

Pre-Course Survey2mCloud Financial Management and Traditional IT Financial Management2mResources for Cloud Financial Management5mAWS Pricing Calculator10mWeek 1 FAQs5mMid-Course Survey2m

1 practice exercise

Week 1 Quiz15m

Week2

Week 2

2 hours to complete

Week 2

Welcome to Week 2! This week, you will focus on the AWS tools that can help companies break down costs on a per-project or a per-server basis. You will start by learning about the AWS Billing console, which you can use to understand your AWS spending. You will also be introduced to AWS Cost Explorer, which has an easy-to-use interface that you can use to visualize, understand, and manage your AWS Cloud costs and usage over time. Next, you will explore AWS Budgets, which is the simplest way to monitor your AWS spend and be alerted when you exceed—or are forecasted to exceed—your desired spending limit. Lastly, you will learn about AWS Organizations, a service that can help you quickly scale your environment through the programmatic creation of new AWS accounts.

2 hours to complete

8 videos (Total 41 min), 4 readings, 1 quiz

8 videos

Week 2 Introduction1mAWS Billing and the AWS Cost and Usage Report Demo4mAWS Budgets Demo7mVisualizing Costs and Usage with AWS Cost Explorer5mMulti-account Structure with AWS Organizations5mResource Tagging in AWS and Tagging Best Practices6mCost Allocation Tags Demo4mAWS Config and Tagging Enforcement Demo5m

4 readings

AWS Cost and Usage Reports10mBilling and AWS Budgets10mCost Allocation and Tagging10mWeek 2 FAQ10m

1 practice exercise

Week 2 Quiz15m

Week3

Week 3

2 hours to complete

Week 3

Welcome to the last week of the course! This week, you will be introduced to design decisions and how they impact cost. You will learn about pricing options for a couple of the AWS storage and database services, such as Amazon Elastic Block Storage (Amazon EBS) and Amazon Simple Storage Service (Amazon S3). Next, you will focus on the four pillars of cost optimization: right-sizing, Reserved Instances, elasticity, and a measure-monitor-improve approach. Lastly, you will get an overview of how to plan for data transfer, and also learn more about governance in AWS.

2 hours to complete

10 videos (Total 51 min), 5 readings, 2 quizzes

10 videos

Week 3 Introduction2mAmazon EC2 Pricing Models5mRight-sizing Instances4mElasticity4mAmazon EBS5mAmazon S36mDatabases on AWS6mAWS Connectivity Services and Data Transfer7mCost Governance5mCourse Summary1m

5 readings

Amazon EC2 Pricing Models and Right Sizing5mStorage and Databases5mData Transfer and Governance5mWeek 3 FAQ15mPost-Course Survey2m

2 practice exercises

Week 3 Quiz15mFinal Assessment30m

Reviews

4.4

2 reviews

5 stars
68.75%
4 stars
12.50%
3 stars
12.50%
2 stars
6.25%

TOP REVIEWS FROM CLOUD COST MANAGEMENT: OPTIMIZATION STRATEGIES

by SKJan 19, 2022

Love the course, It does a great job covering all the aspects of cost management and optimization on like 200-300 Level. Would love a course that goes further into the services in use

View all reviews

Frequently Asked Questions

When will I have access to the lectures and assignments?
Access to lectures and assignments depends on your type of enrollment. If you take a course in audit mode, you will be able to see most course materials for free. To access graded assignments and to earn a Certificate, you will need to purchase the Certificate experience, during or after your audit. If you don't see the audit option:
The course may not offer an audit option. You can try a Free Trial instead, or apply for Financial Aid.
The course may offer 'Full Course, No Certificate' instead. This option lets you see all course materials, submit required assessments, and get a final grade. This also means that you will not be able to purchase a Certificate experience.
What will I get if I purchase the Certificate?
When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.
What is the refund policy?
You will be eligible for a full refund until two weeks after your payment date, or (for courses that have just launched) until two weeks after the first session of the course begins, whichever is later. You cannot receive a refund once you’ve earned a Course Certificate, even if you complete the course within the two-week refund period. See our full refund policy.
Is financial aid available?
Yes. In select learning programs, you can apply for financial aid or a scholarship if you can’t afford the enrollment fee. If fin aid or scholarship is available for your learning program selection, you’ll find a link to apply on the description page.

More questions? Visit the Learner Help Center.

Build employee skills, drive business results

Discover Coursera for Business

Cloud Cost Management: Optimization Strategies

Cloud Cost Management: Optimization Strategies

About this Course

What you will learn

Skills you will gain