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Understanding AWS Pricing Models

BEGINNER
70 minutes
5 tasks

This lab introduces you to various AWS pricing models, such as On-Demand, Reserved Instances, and Savings Plans. Through practical tasks, you will explore when and why to use each model to optimize costs.

Scenario

Imagine you are a cloud consultant tasked with recommending cost-effective solutions for a client's compute needs. Your goal is to understand different pricing options, so you can suggest the best fit for the client's budgetary constraints and scalability requirements.

Learning Objectives

  • Identify and compare AWS pricing models.
  • Understand the use cases for On-Demand, Reserved Instances, and Savings Plans.
  • Evaluate pricing strategies to recommend cost-effective solutions for compute resources.

tasks (5)

task 1: Explore On-Demand Pricing

15 min

task 2: Compare Reserved Instances and Savings Plans

20 min

task 3: Evaluate AWS Pricing Models for Business Needs

20 min

task 4: Implement Cost Management Tools

15 min

task 5: Access AWS Technical Resources and Support Options

15 min

Prerequisites

  • •Basic understanding of cloud computing concepts.
  • •Familiarity with the AWS Management Console.

Skills Tested

Understanding AWS pricing models and cost management tools.Evaluating cost-effective solutions for cloud resources.Navigating AWS technical resources and support options.

References

    Understanding AWS Pricing Models - Hands-On Lab - CertiPass