A business intends to set up a variety of cloud-based services for an upcoming digital project and wishes to project the expenses that will be incurred prior to any firm commitment. Which tool should the business utilize to create simulations of diverse scenarios and assess the projected costs for different configurations of their digital resources?
The Pricing Calculator is the correct choice because it enables users to build cost estimates for different service configurations before actual purchase or deployment. It helps in projecting and managing expenses by simulating various deployment scenarios, which aligns with the requirement of the business described in the question. The other tools mentioned do not serve the purpose of cost estimation: CloudTrail is for tracking user activity and API usage across accounts; CloudFormation is for infrastructure as code to model and provision resources; and IAM Access Analyzer is for analyzing access permissions to ensure secure resource sharing.
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