# 20 – Manage costs with visibility, planning, and governance
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 **How do you practice Cloud Financial Management (CFM) to ensure cost optimization and awareness?** From inception to operation, how do you establish control over your SAP cloud infrastructure budget and continue to optimize its usage aligned with your business requirements. 


| ID | Priority | Best Practice | 
| --- | --- | --- | 
| ☐ BP 20.1 | Required | Plan consumption model and environment usage during project phases | 
| ☐ BP 20.2 | Required | Establish a multi-year planned cost model taking advantage of different pricing approaches | 
| ☐ BP 20.3 | Highly Recommended | Establish a budget and mechanisms for cost allocation and tracking including anomaly detection | 
| ☐ BP 20.4 | Recommended | Establish cost-related approval procedures and controls | 
| ☐ BP 20.5 | Recommended | Review usage for opportunities to optimize |