You have recently Joined a startup company and quickly find that nobody is tracking the amount of money spent on Oracle Cloud Infrastructure (OCI). Seeing an opportunity to help save money you begin creating a solution to better track the cost of resources provisioned by each individual on the team.
Which option allows you to identify excessive spend across all resources in your tenancy?
A budget can be used to set soft limits on your Oracle Cloud Infrastructure spending. You can set alerts on your budget to let you know when you might exceed your budget, and you can view all of your budgets and spending from one single place in the Oracle Cloud Infrastructure console.
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.
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