OCI Foundations - Governance and Administration

Pricing

Pricing Models:

• Pay as you go
• Annual Universal Credits (significant savings, more resource use are PAYG)
• Monthly universal credits
• Bring your own license

Factors that impact pricong:

• Bigger resources cost more
• Data transfer
• VMs vs bare metal
• Same pricing across the world

Data Transfer costs

• Don't pay for transfer between ADs
• Ingress traffic is free
• Pay or Outgoing traffic

Cost Management

Budgets:

• Set up alerts if forcasts are expected to exceed the budget

Cost Analysis:

• Look at past costs
• CSV files generated daily

Service Limits and Usage:

• Limits, Quotas and Usage controls

Compartment Quotas

• Sets the max number of cloud resources that can be used
• Prevent misuse, etc

Tagging

Key/Value pairs to organise resources

• eg: Env=Prod, Project=Alpha
• Cost management/reporting
• Tag based Access Control (policies based on tags)

Free-form tags:

• No defined schema or access restriction

Defined tags:

• Recommended
• Defined within a namespace
• Can write a policy for who can define a tag
• Can define allowed values for a tag (schema)

Operations.Environment="Production"

• Namespace: Operations
• Key: Environment

Namespaces cannot be deleted but can be retired.