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AWS Cloud Financial Management for Builders

Last Updated: 08-03-2025

The AWS Cloud Financial Management for Builders course is designed for cloud architects, developers, and DevOps professionals who want to gain the skills and knowledge needed to manage and optimize their AWS cloud costs while building scalable, high-performance applications. In this course, you will learn how to effectively manage AWS resources, understand pricing models, implement cost-optimization strategies, and track your cloud spending with AWS cost management tools. You’ll dive deep into key topics such as AWS pricing, cost allocation, resource tagging, and budgeting to help you make informed decisions that reduce waste and improve financial efficiency in cloud environments. By the end of the course, you’ll be equipped to design cost-effective architectures, implement cost monitoring and optimization strategies, and ensure that your AWS projects stay within budget without compromising on performance.

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Schedule Learners Course Fee (Incl. of all Taxes) Register Your Interest
July 07th - 09th
09:00 AM - 05:00 PM (CST)
Live Virtual Classroom (Duration : 24 Hours)
20% Off
$960
$768
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July 14th - 16th
09:00 AM - 05:00 PM (CST)
Live Virtual Classroom (Duration : 24 Hours)
20% Off
$960
$768
July 21st - 28th
06:00 PM - 10:00 PM (CST)
Live Virtual Classroom (Duration : 24 Hours)
20% Off
$960
$768
July 28th - 30th
09:00 AM - 05:00 PM (CST)
Live Virtual Classroom (Duration : 24 Hours)
Guaranteed-to-Run
20% Off
$960
$768
August 04th - 06th
09:00 AM - 05:00 PM (CST)
Live Virtual Classroom (Duration : 24 Hours)
25% Off
$960
$720
August 11th - 13th
09:00 AM - 05:00 PM (CST)
Live Virtual Classroom (Duration : 24 Hours)
25% Off
$960
$720
August 18th - 25th
06:00 PM - 10:00 PM (CST)
Live Virtual Classroom (Duration : 24 Hours)
25% Off
$960
$720
August 25th - 27th
09:00 AM - 05:00 PM (CST)
Live Virtual Classroom (Duration : 24 Hours)
Guaranteed-to-Run
25% Off
$960
$720

Course Prerequisites

  • Basic understanding of AWS core services such as EC2, S3, and IAM.
  • Familiarity with cloud computing concepts and infrastructure as a service (IaaS).
  • No advanced financial or accounting knowledge is required, though an understanding of cloud architectures will be helpful.
  • Recommended: Experience using the AWS Management Console and AWS CLI.

 

Learning Objectives

By the end of this course, you will be able to:

  1. Understand AWS pricing models and how they apply to different services (e.g., EC2, Lambda, RDS).
  2. Implement cost-optimization strategies in your AWS environments, including right-sizing resources and reserved instances.
  3. Use AWS Cost Explorer and AWS Budgets to monitor and track cloud spending.
  4. Set up cost allocation tags and resource tagging to track expenses at the granular level.
  5. Use AWS Trusted Advisor to receive recommendations on cost optimization and best practices for AWS resource management.
  6. Implement savings plans and AWS Reserved Instances to optimize costs for long-term workloads.
  7. Analyze and optimize storage costs by using services like S3 with lifecycle policies, EBS, and S3 Glacier for archival storage.
  8. Build automated cost management solutions using AWS Lambda and other tools to ensure continuous monitoring and cost efficiency.
  9. Develop a framework for budgeting and forecasting cloud expenses to align with business goals and avoid unexpected charges.
  10. Make data-driven decisions to reduce waste, optimize cloud resource allocation, and improve overall financial governance.

Target Audience

This course is ideal for:

  • Cloud architects and developers who want to learn how to manage and optimize AWS costs in their cloud-native applications.
  • IT professionals looking to understand and implement AWS pricing models and cost management strategies.
  • DevOps engineers who are involved in resource provisioning, cost tracking, and cost optimization on AWS.
  • Technical decision-makers and project managers responsible for managing AWS budgets and ensuring cost-efficiency.

Course Modules

Module 1: Introduction to Cloud Financial Management

  • Introduction to Cloud Financial Management for builders
  • Overview of AWS Cloud financial management principles
  • How financial management plays a role in cloud architecture and usage
  • Four pillars of Cloud Financial Management
    • Cost optimization
    • Usage efficiency
    • Governance
    • Performance efficiency

Module 2: Resource Tagging for Cost Management

  • Importance of resource tagging in financial management
  • Best practices for tagging AWS resources
  • Tagging strategies for cost allocation and tracking
  • Hands-on lab: Using AWS Config to track tagged resources

Module 3: Understanding AWS Pricing and Cost Fundamentals

  • Understanding the AWS pricing model and how services are billed
  • Introduction to AWS Free Tier, volume discounts, and reserved instances
  • AWS Savings Plans, Reserved Instances, and Spot Instances
  • How to use the AWS Pricing Calculator for cost estimation
  • Demonstration: Configuring pricing calculators and estimate costs for workloads

Module 4: Setting Up Budgets and Managing AWS Spend

  • How to create and manage AWS budgets
  • Setting budget thresholds and limits
  • Configuring cost and usage alerts
  • Monitoring and analyzing actual costs against set budgets

Module 5: Cost Optimization Strategies

  • Introduction to AWS cost optimization strategies
  • Identifying cost optimization opportunities in architecture
  • AWS Trusted Advisor for cost-saving recommendations
  • Using Reserved Instances and Savings Plans for cost savings
  • Auto-scaling and rightsizing instances

Module 6: Monitoring and Tracking AWS Spend

  • Using AWS Cost Explorer to track spending
  • AWS Cost and Usage Reports for detailed cost insights
  • Setting up cost anomalies and alerts using Amazon CloudWatch
  • Using the AWS Cost Anomaly Detection tool
  • Demonstration: Viewing and interpreting AWS cost data

Module 7: Governance, Compliance, and Cost Allocation

  • Introduction to AWS organizations and multi-account strategies
  • Governance standards for cost management
  • Implementing financial guardrails for teams
  • Managing resources efficiently with AWS Control Tower
  • Understanding billing, cost allocation, and organizational units

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