Create RI Budget

Practice: Creating a Reservation Instance (RI) Budget

In this practice section, you will learn how to create a budget for Reservation Instances (RIs) in the AWS Management Console.

ℹ️ Note: This lab is for instructional purposes only. You will not actually use a reserved instance during the lab since it requires prepayment of usage fees. Feel free to follow along or simply observe the instructions.

Table of Contents

Create Reservation Budget

  1. Log in to the AWS Management Console by navigating to the admin page and selecting the Billing and Cost Management service from the search bar.

    Billing Service

  2. Within the admin page, locate and select Budgets.

    Budgets

  3. Choose Create Budget to begin setting up the budget for your reservation instance.

    Create Budget

  4. Complete the Budget Setup:

    • Select Customize
    • Choose Reservation Budget
    • Click Next

    Budget Setup

  5. Name your Budget:

    Budget Setup

  6. Configure the Coverage Threshold for your budget.

    Coverage Threshold

  7. Configure Alert settings for the budget.

    Alert Settings

  8. Once the configurations are set, click Create Budget.

    Create Budget

  9. Review the details and confirm to complete the budget creation.

    Budget Creation

  10. Verify the budget settings by checking the budget overview.

    Budget Overview