Estimating chargeback costs using the OpsCenter Formula Modeling Tool
The Formula Modeling Tool offers an easy way to estimate baseline rates for the IT services you provide. Using historical data, it provides you with an estimate of how much it costs your organization to provide a specific kind of service.
For example, suppose you anticipate spending $500,000 over the next year to provide backup services throughout your enterprise. By inserting the metric Daily Occupancy into the tool, along with the amount $500,000, you can obtain an estimate per kilobyte that is based on the backup activity you performed last year.
See Creating cost variables in OpsCenter.
See Creating cost formulae in OpsCenter.
To estimate baseline (chargeback) costs using the Formula Modeling Tool
- Log on to the OpsCenter console with administrator privileges.
- In the OpsCenter console, click Settings > Chargeback.
Click Cost Estimation.
- Select a Report Grouping parameter to define the model's scope.
- Use the Metric Selection parameters to specify the metric whose rate you want to estimate:
- Use the following Time Frame parameters to define the time intervals for which data is modeled.
- Click Run Model to input different values into the model, or to run a new model.