In the Azure portal, open Cost Management + Billing and select
Savings plans.
Review the plan's eligible compute usage, utilization, scope, term, and
hourly commitment with the workload owner and FinOps team.
Compare the expected demand and cost with pay-as-you-go pricing and the
available Savings Plan options.
If continued coverage is justified, purchase a new Savings Plan with the
approved scope, term, and hourly commitment. Azure Savings Plans are not
renewed in place.
If replacement coverage is not justified, document the decision and update
budgets and forecasts for the expected pay-as-you-go charges.