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AWS Cloud Financial Management for Builders

  • Length 3 days
Course overview
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Why study this course

This course is for individuals who seek an understanding of how to manage, optimise, and predict costs as you run workloads on AWS.

You learn how to implement architectural best practices, explore cost optimisation strategies, and design patterns to help you architect cost-efficient solutions on AWS.

This course includes presentations, hands-on labs, and demonstrations.

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What you’ll learn

This course is designed to teach participants how to:

  • Explain the cost of core AWS services

  • Determine and estimate costs associated with current and future cloud workloads

  • Use strategies and best practices to reduce AWS costs

  • Use AWS tools to manage, monitor, alert, and optimise your AWS spend

  • Apply strategies to monitor service costs and usage

  • Implement governance standards, including resource tagging, account structure, provisioning, permissions, and access

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AWS at Lumify Work

Lumify Work is an official AWS Training Partner for Australia, New Zealand, and the Philippines. Through our Authorised AWS Instructors, we can provide you with a learning path that’s relevant to you and your organisation, so you can get more out of the cloud. We offer virtual and face-to-face classroom-based training to help you build your cloud skills and enable you to achieve industry-recognised AWS Certification.

Who is the course for?

This course is intended for:

  • Solutions architects

  • Developers

  • Cost-optimisation leads

  • System administrators

Course subjects

Module 1: Introduction to Cloud Financial Management

  • Introduction to Cloud Financial Management

  • Four pillars of Cloud Financial Management

Module 2: Resource Tagging

  • Tagging resources

  • Hands-On Lab: Cost optimisation: Control Resource Consumption Using Tagging and AWS Config

Module 3: Pricing and Cost

  • Fundamentals of pricing

  • AWS Free Tier

  • Volume discounts

  • Savings plans and Reserved Instances

  • Demonstration: AWS Pricing Calculator

Module 4: AWS Billing, Reporting, and Monitoring

  • Understanding AWS invoices

  • Reporting and planning

  • AWS Cost Explorer

  • AWS Budgets

  • Demonstration: AWS Billing Console

  • Demonstration: AWS Cost Explorer

  • Demonstration: Trusted Advisor

  • Hands-On Lab: Cost optimisation: Deploy Ephemeral Environments Using Amazon EC2 Auto Scaling

Module 5: Architecting for Cost: Compute

  • Evolution of compute efficiency

  • Amazon EC2 right-sizing

  • Purchasing options

  • Architect for Amazon EC2 Spot Instance

  • Impact of software licensing

  • Demonstration: Compute Optimiser

  • Demonstration: Spot Instance Advisor

  • Hands-On Lab: Cost optimisation: Right Size Amazon EC2 Instances Using Amazon CloudWatch Metrics

Module 6: Architecting for Cost: Networking

  • Data transfer costs

  • Understand data costs for different services

  • How to triage network costs

  • Hands-On Lab: Cost optimisation: Reduce Data Transfer Costs Using Amazon CloudFront and Endpoints

Module 7: Architecting for Cost: Storage

  • Amazon EBS cost, pricing, and best practices

  • Amazon S3 cost, pricing, and best practices

  • Amazon EFS cost, pricing, and best practices

  • Hands-On Lab: Cost optimisation: Reduce Storage Costs Using Amazon S3 Lifecycle Management

Module 8: Architecting for Cost: Databases

  • Amazon RDS cost, pricing, and best practices

  • Amazon Aurora cost, pricing, and best practices

  • Amazon DynamoDB cost, pricing, and best practices

  • Amazon ElastiCache cost, pricing, and best practices

  • Amazon Redshift cost, pricing, and best practices

Module 9: Cost Governance

  • Setting up AWS Organisations

  • AWS Systems Manager

  • Hands-On Lab: Cost optimisation: Reduce Compute Costs Using AWS Instance Scheduler

Please note: This is an emerging technology course. Course outline is subject to change as needed.


It is recommended that attendees have previously completed the Architecting on AWS course.

Terms & Conditions

The supply of this course by Lumify Work is governed by the booking terms and conditions. Please read the terms and conditions carefully before enrolling in this course, as enrolment in the course is conditional on acceptance of these terms and conditions.

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