Budget Policy

Budget Policy

Track your spendings on your Amazon AWS, Microsoft Azure, and Google Cloud Platform accounts. Track spend by cloud account, region, type of cloud service and resources tagged with custom attributes.

Configure budget policies and track spending against defined budgets and get alerts when spending exceeds budget.

To Add Budget policies.

  1. Login to OpsRamp.

  2. On the drop-down menu, click Setup.

  3. Click Monitor Management and then click Budget Policies.

    Field Name

    Description

    Name

    Provide a name for the budget policy

    Applies To

    Select to what element the budget policy needs to be applied. Choose on what element the Policy needs to be created

    • Provider Type: Select the cloud provider – AWS, Azure or Google. Select the client and then click Add. Enter the details for Budget Policies

    • Cloud Account: Provide Cloud Account for the policy

    • Tags: Select the tag name for the policy

    Select the cloud provider – AWS, Azure or Google

    Cloud Account

    Cloud Account

    Select the cloud account

    Tags

    Select the tag

    Scope of the budget

    Monthly or Annually

    Budget limit

    Provide the value for the budget limit

    • Warning: Set the warning limit. When the limit crosses the warning value, an alert will be triggered by the budget policy. Default warning limit is 80% of the budget limit.

    • Critical: Set the critical limit. Set the Critical warning limit. When the limit crosses critical value, an alert will be triggered by the budget policy. Default warning limit is when the budget limit reaches 100%.

    • Budget Owner: The user to whom the alert needs to be sent. Once the budget policy is created, an Escalation Alert Policy is automatically gets created, through which the budget owner will receive the alerts if the threshold limit for warning or critical is breached.

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