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



Let's talk about reports. Reports can be super, super, super useful. For example, in this case, I build a specific view for EC2 instances running in Frankfurt, in the EU region on a monthly base, like on a base for December, in this case. And because I wanna use this view more often, I can save it as a report. And to do this, I just click here on save as. I give this one a title, EU-EC2. I save it, and that's it.

By clicking here, on recent reports, I can see this report. Or I can just go under report overview and see all the reports that I have here. The reports with a lock here are default AWS reports, and the one without a lock are my own reports.

Some of the AWS reports can be pretty useful. For example, what I use quite a lot is the RI utilization and coverage, or the savings plan utilization and coverage, that basically shows you how effective or efficient your reservations are.

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.