Step 8: Review the cost estimation
Review and refine the cost estimation again. Additionally, it's a good practice to validate it with business stakeholders and get approval to move to the next step.
Objectives
Define the capacity model, and estimate DynamoDB costs to refine the cost estimation from step 2.
Get the final financial approval from the business analyst and stakeholders.
Process
Database engineer identifies the data volume estimate.
Database engineer identifies the data transfer requirements.
Database engineer defines the required read and write capacity units.
Business analyst decides between on-demand and provisioned capacity models.
Database engineer identifies the need for DynamoDB auto scaling.
Database engineer inputs the parameters in the AWS Pricing Calculator.
Database engineer presents the final price estimation to business stakeholders.
Business analyst and stakeholders approve or reject the solution.
