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You can create a budget for multiple cloud accounts or projects, departments, and grants. You can view your budget projections visually.

HCP portal Budget Management enables organizations to configure and enforce budgets across multiple cloud accounts and cloud providers. HCP v6.8.0 is released with the following enhancements:

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Create a Budget

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To create a new budget:

  1. Login to your HCP account.

  2. Navigate to Governance & Security > Budget Management > New Budget.

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  3. Enter a name for your Budget.

  4. Enter your Budgeted amount.

    • The budgeted amount is for a month’s use of your

    cloud resources. The budget amount is for a month’s usage of
    • cloud resources.

  5. Enter the value for your Alert triggers.

    • You can set triggers for utilization of your budget and the moving average.

  6. You can associate a budget with one or more:

    • Cloud accounts. Your cloud account could belong to the same or a different cloud provider.

    • Resource tag names are case sensitive.

      • Enter the Associated tags for a cloud resource to include it in your budget.

      • To add multiple cloud accounts to a budget, you’ll need to tag your cloud providers using the same resource tag.

    • Resource groups. Enter your resource group names to include a resource group in a budget.

  7. Enter the Email IDs that will receive your budget alerts.

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  1. Login to your HCP account.

  2. Navigate to Governance & Security > Budget Management > Click open your Budgetfrom the Budgets Overview page > Click on Budget Settings to on the left.

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Budget Analysis and Projections

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To enable or disable a budget data point, click the legend for the same.

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Budget

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Budget Policies

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The Budget Policies section is now moved to the Budget Management section. In order to see all budget related features at one place:

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  • New Customer/Tenant filter is added to aggregate all subscriptions and accounts under the said customer.

  • New Services filter: You can select multiple services to be included in the budget.

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Budget Settings

  • You can now see a budget currency symbol with the Budget Amount.

  • New Budget Cycle selection: You can create the budget for monthly, quarterly, yearly or matching account billing cycle periods.

  • You can now select a budget Start Date. This is the first date of the budget evaluation period. Subsequent evaluation periods will begin on the same date of the month moving forward.

  • You can now select budget Expiry Date. This is the date when the budget stops evaluating/alerting and becomes expired.

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