Multiple teams are sharing a tenancy in Oracle Cloud Infrastructure (OCI). You are asked to figure out an appropriate method to manage OC1 costs.
NOT a valid technique to accurately attribute costs to resources used by each team?
Budgets are set on cost-tracking tags or on compartments (including the root compartment) to track all spending in that cost-tracking tag or for that compartment and its children.
Using Cost-Tracking Tags
You can use cost-tracking tags to help manage costs in your tenancy. Use cost-tracking tags to do any of the following:
- Filter projected costs
- Set budgets
You can only use cost-tracking tag with defined tags. You cannot specify free-form tags as cost-tracking tags.
You can set email alerts on your budgets. You can set alerts that are based on a percentage of your budget or an absolute amount, and on your actual spending or your forecast spending.
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