Finops.World
1R1

Monitoring the effectiveness of the optimizations

Key role(s)

Objectives

Set up the initial reporting to demonstrate the effectiveness of the optimizations

Benefits

Demonstrate the positive impact of the optimization actions undertaken

In level 1, the optimizations are mainly of the "quick wins" type (see 1Ox practices). So two metrics in particular can help to represent this:

  • Monthly costs before/after (Note that for reserved upfront, the upfront cost should ideally be "monthlyized" to facilitate the comparison).
  • Average usage of reserved instances (comparing for example with an expected threshold of 90%)
KPIs to control the effectiveness and coverage of reserved instances
Initial KPIs

Tips & Tricks

On the Google Cloud, visit the "Overview of committed use discounts reports" page for more information on the effectiveness of your reservations.

See previous card

Setting the tagging policy

ID 1B1

See next card

Rightsizing instances and storage options

ID 1O1

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