AWS Cost Optimization

A cost-optimized workload fully uses all resources, achieves an outcome at the lowest possible price point, and meets your functional requirements

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QUESTION OF
Views #: 520
Questions #: 23
Time: 10 minutes
Pass Score: 80.0%
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The pillars of the AWS Well-Architected Framework are

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Cost optimization in the cloud helps your organization achieve five goals

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The five design principles in the AWS Well-Architected Cost Optimization Pillar

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You are only charged for EBS volumes which are active and attached to EC2 instances

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Identify some of the most common areas for cost optimisation in EBS volumes

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  • (1) inactive or unattached EBS volumes when appropriate.
  • (2) provisioning EBS volumes larger than required.
  • (3) over-sizing provisioned performance options.
  • (4) newer volume types when appropriate.
  • (5) lower-cost volume types when appropriate. 
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Which AWS resources will cost you money even if they are not used

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What is the best approaches in provisioning EBS volumes

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Which would be more cost effective?

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Which EBS volume type allows to increase IOPS performance without increasing the provisioned capacity?

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You can save money by switching from gp2 EBS volume type to gp3 EBS volume type

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EBS Snapshots Archive offers you a lower price per GB compared to standard EBS Snapshots

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In general, instance stores are cheaper than EBS volumes

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To avoid loosing instance store data when you stop the EC2 instance, you can take a snapshot using EBS Snapshots and restore it later when starting the EC2 instance

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Choose the elements you need to take into consideration when making your volume type

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A cost of an EBS volume is determined by

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With Amazon EBS Snapshots, you pay for the provisioned storage capacity

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When you copy EBS Snapshots, you are charged for the data transferred across AWS Regions

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Compute Optimizer is a service that analyzes the configuration and utilization metrics of your AWS resources

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Under which circumstances should you consider using Amazon Elastic Compute Cloud (Amazon EC2) instance stores?

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Which Amazon Elastic Block Store (Amazon EBS) volume types support provisioning IOPS performance separately from the volume size?

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Which factors are used to calculate minimum volume size to support a sustained IOPS target for General Purpose and Provisioned IOPS volumes?

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Which are some of the cost optimization opportunities with Amazon EBS volumes?

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What is the recommended tool that works with your Amazon CloudWatch historic information to help optimizing your EBS volumes?

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