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CostEffectiveResources.md

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Cost Effective Resources

http://wellarchitectedlabs.com

About cost effective resources

Using the appropriate services, instances and resources for your workload is key to cost savings. A well-architected workload uses the most cost-effective resources, which can have a significant and positive economic impact. You also have the opportunity to use managed services to reduce costs. AWS offers a variety of flexible and cost-effective pricing options to acquire instances from EC2 and other services in a way that best fits your needs.


Step 1 - Pricing Models

By using the right pricing model for your workload resources, you pay the lowest price for that resource.

Go to lab 100 Level Lab: This lab will introduce you to working with Savings Plans (SP's), utilizing AWS Cost Explorer to make low risk, high return SP purchases for your business.
Go to lab 200 Level Lab: This lab will introduce you to working with Reserved Instances (RI's), utilizing AWS Cost Explorer to make low risk, high return RI purchases for your business.

Step 2 - Right Sizing

Go to lab This lab will show you how to use Cost Explorer to perform right sizing recommendations on your resources.
Go to lab This lab will show you how to install the memory agent.