To effectively manage and forecast cloud costs, it is crucial to track three key metrics: daily cloud spend, cost per provisioned and requested CPU, and historical cost allocation. Daily cloud spend provides insights into your current cloud expenses and helps you identify potential cost spikes. By comparing the number of requested vs. provisioned CPUs, you can discover gaps in your usage and optimize your costs. Historical cost allocation enables you to instantly view cost distribution between namespaces or workloads, helping you identify idle workloads that contribute to cloud waste. By leveraging these reports, teams can make data-driven decisions to meet their FinOps goals and avoid overspending on cloud resources.