AWS Cost Management Tools

This course looks at the various tools in AWS that can be used to explore your cloud expenses and obtain detailed information about what causes them. We'll also look at how to identify costs use AWS to make a forecast based on the previous usage.

You'll learn how to visualize those numbers, in case you need to present and explain them. We will look at cost management best practices and how you can implement them in your own environments! This course is full of demonstrations from the AWS environment to ensure that you are able to use the services covered in the lectures.

Learning Objectives

  • Use the billing dashboard to monitor costs
  • Learn about AWS credits
  • Learn how to use the Cost Explorer to perform cost analysis
  • Understand how to produce cost and usage reports
  • Learn how creating a budget in AWS can help you manage your costs

Intended Audience

This course is intended for anyone who wants to learn about the tools available in AWS to manage cloud running costs.


To get the most out of this course you should already have a basic understanding of the AWS platform and its main services.


If you have any feedback relating to this course, please contact us at



In this course, we are going to learn about fundamental tools used for Cost Management in AWS!

The lectures consist entirely of live demonstrations with explicit explanations for you to follow along and shape practical knowledge meanwhile!

Since this lecture is entirely focused on practical suitability, it is advisable that you are familiar with the following topics: cost optimization in theory, basics in managing an AWS environment, and cloud & finance related terminology.

In this course, we will learn about the tools in AWS that we can use to find out more about expenses and how to get detailed information on what caused them. Once we can identify our costs we want to go a step further and let AWS make a forecast based on the previous usage. 

We will find out how to visualize those numbers, in case you need to present and explain them. And we will have a look at lots of best practices and how you can implement them for yourself!

The best way to manage your costs in AWS is to know your tools and how to use them!

On a side note, I’d like to add that feedback on our courses are valuable to both us as trainers and any students looking to take the same course in the future. If you have any feedback, positive or negative, it would be greatly appreciated if you could send an e-mail to

So, without further ado let’s get started with the first things I do when I want to analyze an AWS environment...

About the Author

Oliver Gehrmann is a FinOps Consultant and CEO of kreuzwerker Frankfurt, a German consulting firm with a strong focus on AWS, software engineering, and cloud financial management. He's worked in IT for over 10 years, facilitating the migration from physical servers in data centers to modern cloud infrastructures.
He and his team have experienced first-hand that costs in the cloud are becoming more and more of a challenge when about 2.5 years ago more and more customers approached them with this topic. Costs ran out of control and could not be addressed to business values.
Since that time, we have worked extensively on the topic of cloud financial management and have already been able to save our customers many millions of dollars. He now shares this knowledge in order to help others.