Course Outline

Introduction

  • Overview of AWS Financial Management for government agencies
  • Importance of financial management in cloud computing operations for government entities
  • Key concepts and terminology relevant to public sector financial management

AWS Pricing and Cost Structure

  • Understanding AWS pricing models for government use
  • Cost considerations for various AWS services tailored to government needs
  • Tools for estimating AWS costs in a public sector context

Cost Optimization Strategies

  • Identifying cost-saving opportunities within government operations
  • Utilizing Reserved Instances and Savings Plans for efficient budgeting
  • Right-sizing resources and implementing autoscaling to optimize costs for government agencies

Budgeting and Cost Allocation

  • Setting up budgets in AWS to align with government financial planning
  • Tracking and allocating costs to ensure transparency and accountability in public sector operations
  • Utilizing AWS Cost Explorer and Budgets for enhanced financial oversight

Implementing Governance and Compliance

  • Establishing financial governance in AWS to meet government standards
  • Implementing tagging strategies for cost allocation to support public sector reporting requirements
  • Ensuring compliance with financial policies and regulations for government agencies

Billing and Reporting

  • Understanding AWS billing and invoice structure for government entities
  • Using AWS Cost and Usage Reports to enhance financial transparency
  • Creating custom reports for stakeholders in the public sector

Using AWS Tools for Financial Management

  • AWS Cost Explorer for detailed cost analysis and planning
  • AWS Budgets for proactive financial management and alerts
  • AWS Trusted Advisor for optimizing resource usage and costs

Case Studies and Best Practices

  • Analyzing real-world scenarios in government cloud adoption
  • Best practices in managing AWS costs for public sector organizations

Advanced Topics in AWS Financial Management

  • Leveraging AWS Marketplace to find cost-effective solutions for government needs
  • Integrating third-party financial management tools with AWS for enhanced capabilities
  • Predictive cost analytics using AWS to inform budget decisions and forecasts

Summary and Next Steps

Requirements

  • Familiarity with essential AWS services, including EC2, S3, RDS, and Lambda
  • Comprehension of fundamental financial principles

Audience

  • Cloud architects for government agencies
  • Developers and DevOps teams within the public sector
  • IT finance managers in governmental organizations
 21 Hours

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