Which feature allows you to view cost variances in real time?

The Cost Analysis tool enables users to view cost variances in real time by providing detailed insights into spending patterns and budget allocations. This tool aggregates data and presents it visually, allowing for quick analysis of cost discrepancies as they occur. When organizations want to manage their cloud spending effectively, having access to real-time data allows them to make timely decisions based on the latest information, which is critical for staying within budget and optimizing resource allocation.

Other options, while useful in managing costs, do not provide the same level of real-time monitoring of cost variances. Budget Management focuses on setting and tracking budgets rather than analyzing ongoing variances; the Forecasting Dashboard is primarily designed to predict future spending based on historical data; and the Expense Tracking system is typically used for accumulating and categorizing expenses rather than providing immediate variances. Thus, the Cost Analysis tool stands out for its capability to deliver real-time insights into cost variances.