Cost Management tools in Azure

The Cost Management discipline is one of the Five Disciplines of Cloud Governance. This discipline focuses on ways of establishing cloud spending plans, allocating cloud budgets, monitoring and enforcing cloud budgets, detecting costly anomalies, and adjusting the cloud governance plan when actual spending is misaligned.

The following is a list of Azure native tools that can help mature the policies and processes that support this discipline.

Tool	Azure portal	Azure Cost Management + Billing	Power BI Desktop connector	Azure Policy
Budget control	No	Yes	No	Yes
Monitor spending on single resource	Yes	Yes	Yes	No
Monitor spending across multiple resources	No	Yes	Yes	No
Control spending on single resource	Yes, manual sizing	Yes	No	Yes
Enforce spending across multiple resources	No	Yes	No	Yes
Enforce accounting metadata on resources	No	No	No	Yes
Monitor and detect trends	Yes	Yes	Yes	No
Detect spending anomalies	No	Yes	Yes	No
Socialize deviations	No	Yes	Yes	No