overview budget and alerts

Author: brown9804

Cost-Management/BudgetAlerts.md

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+# Budget \& Alerts - Overview
+
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+Last updated: 2024-11-15
+
+----------
+
+<details>
+<summary><b>List of References</b> (Click to expand)</summary>
+
+- [Tutorial: Create and manage budgets](https://learn.microsoft.com/en-us/azure/cost-management-billing/costs/tutorial-acm-create-budgets?tabs=psbudget)
+- [Use cost alerts to monitor usage and spending](https://learn.microsoft.com/en-us/azure/cost-management-billing/costs/cost-mgt-alerts-monitor-usage-spending)
+
+</details>
+
+<details>
+<summary><b>Table of Content</b> (Click to expand)</summary>
+
+- [Set up Budgets](#set-up-budgets)
+- [Setting Up Alerts](#setting-up-alerts)
+- [Optimizing Costs](#optimizing-costs)
+
+</details>
+
+**Accessing Cost Management**:
+ - `Sign in` to the Azure portal.
+ - `Navigate` to `Cost Management + Billing` from the left-hand menu.
+
+    <img width="326" alt="image" src="https://github.com/user-attachments/assets/39f453f1-31a5-49fb-a2db-031e7a89ba98">
+
+## Set up Budgets
+
+ - Go to `Cost Management` > `Budgets`.
+
+    <img width="324" alt="image" src="https://github.com/user-attachments/assets/b7f7eb28-e8a7-4029-ab34-16dbde88fb55">
+    
+ - `Click on` `+ Add` to create a new budget.
+
+    <img width="434" alt="image" src="https://github.com/user-attachments/assets/61e7e1fa-4d2c-423a-84b7-ee82c66b9a19">
+
+ - `Define the scope` (e.g., subscription or resource group), set the budget amount, and configure the reset period (monthly, quarterly, or annually).
+ - `Set up alerts` for actual and forecasted costs, and specify email recipients for notifications.
+
+    <img width="434" alt="image" src="https://github.com/user-attachments/assets/14fb5d90-36fd-498a-8e4d-e5d8bc4f8a9c">
+
+## Setting Up Alerts
+
+ - Go to `Cost Management` > `Alerts`.
+ - Click on `+ Add` to create a new alert.
+ - `Choose the alert type` (e.g., anomaly detection) and configure the thresholds and notification settings.
+
+    <img width="550" alt="image" src="https://github.com/user-attachments/assets/763e70ab-38fa-43b3-bd15-037ce17d427c">
+
+## Optimizing Costs
+
+ - Review cost-saving recommendations provided by Azure.
+ - Implement suggested optimizations to reduce unnecessary spending.
+
+
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