Cost Management

Author: brown9804

README.md

@@ -168,6 +168,25 @@ Click to read more about [Microsoft Purview for Fabric - Overview](./Purview-Fab
 - **Event Hub Integration**: Use Event Hub to capture and analyze events for real-time monitoring. For example, leverage it for [Automating pipeline execution with Activator](./Monitoring-Observability/FabricActivatorRulePipeline/)
 - **Alerting**: Configure alerts for critical events and thresholds to ensure timely responses to issues. For example, [Steps to Configure Capacity Alerts](./Monitoring-Observability/StepsCapacityAlert.md)
 
+## Cost Management 
+
+> You can leverage `Azure Cost Management`, a suite of tools designed to help organizations monitor, allocate, and optimize their cloud spending. It provides comprehensive insights into your Azure usage and costs, enabling you to manage your budget effectively and ensure that your spending aligns with your financial goals.
+ 
+> [!TIP] 
+> - **Use Tags**: Ensure your resources are properly tagged to make filtering and grouping easier.
+> - **Save Views**: You can save custom views in Cost Analysis for quick access in the future.
+> - **Set Up Alerts**: Consider setting up cost alerts to monitor spending and avoid unexpected charges.
+
+| Feature          | Details                                                                                   |
+|------------------|-----------------------------------------------------------------------------------------------|
+| **Cost Analysis**| - **Visualization**: View and analyze your costs through various charts and graphs.<br/>- **Filtering and Grouping**: Break down costs by resource, resource group, subscription, or tags to understand spending patterns. |
+| **Budgeting**    | - **Create Budgets**: Set budgets for different scopes like subscriptions or resource groups.<br/>- **Alerts**: Configure alerts to notify you when spending exceeds predefined thresholds. |
+| **Cost Allocation**| - **Tag Inheritance**: Enable tag inheritance to ensure costs are allocated correctly.<br/>- **Shared Costs**: Split shared costs across multiple departments or projects. |
+| **Optimization** | - **Recommendations**: Receive recommendations for cost-saving opportunities.<br/>- **Anomaly Detection**: Identify and address spending anomalies proactively. |
+| **Reporting**    | - **Custom Reports**: Generate custom reports to share with stakeholders.<br/>- **Power BI Integration**: Use Power BI for advanced reporting and dashboard creation. |
+| **Automation**   | - **Data Export**: Automate the export of cost data to storage accounts for further analysis.<br/>- **Integration**: Integrate cost data with external tools and processes. |
+
+
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