20 – Manage costs with visibility, planning, and governance
How do you practice Cloud Financial Management (CFM) to ensure cost optimization and awareness? From inception to operation, how do you establish control over your SAP cloud infrastructure budget and continue to optimize its usage aligned with your business requirements.
| ID | Priority | Best Practice |
|---|---|---|
| ☐ BP 20.1 | Required | Plan consumption model and environment usage during project phases |
| ☐ BP 20.2 | Required | Establish a multi-year planned cost model taking advantage of different pricing approaches |
| ☐ BP 20.3 | Highly Recommended | Establish a budget and mechanisms for cost allocation and tracking including anomaly detection |
| ☐ BP 20.4 | Recommended | Establish cost-related approval procedures and controls |
| ☐ BP 20.5 | Recommended | Review usage for opportunities to optimize |
