Effective cost management is crucial for organizations and New Relic offers deep visibility into your CCU usage. However, implementing proactive mechanisms to alert and stay within budget can help manage costs effectively across the organization.
Manage organization level budgets limits
Access compute budgets
Go to one.newrelic.com. In the user menu, click Administration > Compute Budgets.
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When you open the Compute Budgets landing page, the Organization Budget appears by default. This budget reflects the SKUs you've purchased and updates monthly. It provides a clear overview of your Compute Consumption Unit (CCU) commitments across these SKUs, helping you manage and monitor your compute usage effectively.
Manage budget limits
In the Organization Budget section, click Manage limits. The Edit Organization Budget page appears.
Manage monthly budget limits
To update the spending thresholds for your organization, go to the Set monthly budget limits section and specify the amount of compute CCU you want to track in your
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By default, we configure it based on your monthly contract commitments.
Click Next.
Set up notifications
- To prevent overages and manage costs effectively, go to the Set up organization budget notifications page. Set the threshold percentage and choose the destination for notifications.
- To receive a warning when you've used a certain percentage of the CCU assigned to a budget for a specific month, go to the Thresholds tab. Select + Add a threshold and enter the percentage at which you want to receive notifications.
- To ensure notifications are sent when the budget exceeds the threshold, go to the Destinations tab. Add at least one person to be notified. You can choose from the following options:
- Email: Enter the email addresses of New Relic users to notify them about the budget.
- Webhook: Enter the webhook URL to send notifications to a specific endpoint.
- Click Finish.