Cloud cost and FinOps: AWS

Sefism.

A to Z

Glossary

Every concept in this sheet, plus the smaller terms it uses. Select a concept to open its card.

A
Actual versus amortised cost
Actual cost shows charges when they are billed, so an upfront commitment appears as one big charge.
AWS accounts and consolidated billing
Each AWS account owns its resources and charges.
AWS Cost Explorer
AWS's interactive cost view: pick a range and granularity, group by service, account, Region, usage type, tag or cost category, filter, and switch between unblended, amortised and net costs.
AWS Data Exports and CUR 2.0
Scheduled exports of detailed billing data to S3: CUR 2.0, FOCUS 1.2 with AWS columns, cost optimisation recommendations and carbon emissions, with the columns you choose.
B
Billing data latency
Cost data arrives in batches, hours behind usage, and a month keeps changing for a few days after it ends.
Billing queries in SQL
SQL over a billing export answers what the console cannot: cost by tag and service, top resources, week-on-week change.
C
Cost allocation tag activation
Tags show in AWS cost tools only after the management account activates them as cost allocation tags; changes can take 24 hours.
Cost tools on each provider
The same FinOps job has a different tool name on each cloud.
H
Hidden cost lines
Charges compute-only estimates miss: data transfer, NAT gateways, load balancers, public IPv4 addresses, logs, snapshots, idle managed databases, marketplace software and the support plan.
L
List, contracted, billed and effective cost
List is the public price.
P
Pricing calculators
Free tools from each provider to estimate a design: every resource, size, hours, storage, requests and data transfer, with assumptions written down.
Pricing units
Every charge is a quantity times a unit price: seconds or hours for compute, GB per month for storage, requests or invocations for serverless and APIs, GB for data transfer, tokens for AI models.
T
Tagging policy
A short written agreement on required tag keys, allowed values, who owns each list, where tags are applied, how compliance is measured and what happens to untagged resources.
Tagging policy template
A starting template with five required keys, their allowed values, and how the policy is applied and measured.
Tags and labels for cost
Key-value pairs on resources, such as team=payments, that flow into billing data so cost can be grouped by team, product, environment or cost centre.
U
Untaggable and shared spend
Cost that cannot carry your tags: support, taxes, some data transfer, marketplace charges, centrally bought commitments and shared platforms.
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