Spreadsheet Models for Managers

Getting Access to Spreadsheet Models for Managers

f you use Excel to model businesses, business processes, or business transactions, this course will change your life. You'll learn how to create tools for yourself that will amaze even you. Unrestricted use of this material is available in two ways.

As a stand-alone Web site: It resides on your computer, and you can use it anywhere. No need for Internet access.
At this Web site: If you have access to the Internet whenever you want to view this material, you can purchase on-line access. Unlimited usage. I'm constantly making improvements and you'll get them as soon as they're available.

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Order "Spreadsheet Models for Managers, on-line edition, one month" by credit card, for USD 69.95 each, using our secure server, and receive download instructions by return email.

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Order "Spreadsheet Models for Managers, on-line edition, three months" by credit card, for USD 199.00 each, using our secure server, and receive download instructions by return email.

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Order "Spreadsheet Models for Managers, downloadable hyperbook edition" by credit card, for USD 199.00 each, using our secure server, and receive download instructions by return email.

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To Order by Mail

Make your check payable to Chaco Canyon Consulting, for the amount indicated:

For the download: USD 199.00
For access online for three months: USD 199.00
For access online for one month: USD 69.95

And send it to:
Chaco Canyon Consulting
700 Huron Avenue, Suite 11J
Cambridge, MA 02138

To use the course software you'll need some other applications, which you very probably already have. By placing your order, you're confirming that you have the software you need, as described on this site.

Spreadsheet Models for Managers

Problem Set 7
Managing Spreadsheet Modeling Projects

Be sure to check the list of worksheet functions that are needed for the homework assignments, to see which new functions (if any) might help with this one.
Remember that some problems are slight extensions of what we show you in demonstrations and the session notes, and some problems are somewhat ambiguous. This is intended to parallel what you'll frequently encounter at work. If you feel a bit confused, there are some things you can do to help clarify things.
Before attempting this homework, you might find it helpful to read about:

Design Reviews and Spreadsheet Inspections

Numbers at the left in square brackets indicate point values.

7.1 [100]

Using the Inspection Checklist in the readings, examine the model contained in either LCGames.xls (Office 2000-4) or LCGames.xlsx (Office 2007+). A file called ReferenceGuide.doc (Office 2000-4) or ReferenceGuide.docx (Office 2007+), which explains how the model works, accompanies it. An
inspection meeting (These files were submitted by a team of students a few years ago as part of their Course Project. They've been modified to contain numerous errors.) There are 23 different checklist items. Some apply to worksheets, and some to workbooks.

Your task is to find places in the model that represent Issues relative to the Inspection Checklist. You are to search for both workbook issues and worksheet issues, but to limit the actual effort involved, you need not search for issues except in the following sheets:

Input
BalanceSheet
NI Chart
TSE Chart
IncomeStatement
StatementOfRetainedEarnings

Here's how credit will be awarded. Of course, in a real inspection, credit isn't an issue.

Only 25 items count	Your score on this assignment will be determined by whether or not the issues you find include any of the 25 issues we've already identified. You'll receive up to 4 points for each of these issues that you find. You may report additional issues, but they will not count towards your score. Each issue you indicate that is not actually an issue may result in a 1-point deduction from your score.
For sheet items	To receive credit for an issue that involves multiple cells on a single worksheet, you must report all such cells on that worksheet.
Multiple occurrences	If the item pertains to a cell formula, then you can count it as a separate occurrence for each cell, except for array formulas. For array formulas, you get only one occurrence for each entire array.

To report your results, use the file report.xls (Office 2000-4) or report.xlsm (Office 2007+). It contains one issues list worksheet (Summary) for the workbook, and one issues list worksheet for each sheet in the model you're inspecting. Record the location of each first occurrence of an issue on each sheet, and the ranges of any additional occurrences. Use the Inspection Checklist in the readings. Record any comments you need to, to clarify what you found.

To start your inspection, copy both LCGames.xls and report.xls (Office 2000-2004), or both LCGames.xlsx and report.xlsm (Office 2007+), into the same directory, and load the two files into Excel. Follow the instructions for using the reporting workbook.

Some checklist items aren't violated. Some are violated a lot.

For more about my spreadsheet consulting and training services, visit SpreadsheetAce.com.

Feeling queasy about spreadsheets?

We run our companies, in part, based on spreadsheets, yet we often wonder if they're really right. Learn more about improving the reliability and effectiveness of your financial models.

With dozens of solved problems and special course tools, this course can dramatically increase your spreadsheet skills. For just USD 199.00 you receive three months of access with unlimited email support. Learn more about improving your spreadsheet sophistication and effectiveness.

Get the Hyperbook Edition of This Course

Identical to the edition you're viewing, but with dozens of solved problems and special course tools, and it stands alone — no Internet connection required. For just USD 199.00, it includes three months of unlimited email support. Learn more about improving your spreadsheet sophistication and effectiveness.

Spreadsheet Models for Managers

Getting Access to Spreadsheet Models for Managers

Spreadsheet Models for Managers

Problem Set 7
Managing Spreadsheet Modeling Projects

7.1 [100]

Instructor Contact Information

Author Contact Information

Spreadsheet Models for Managers

Getting Access to Spreadsheet Models for Managers

Spreadsheet Models for Managers

Problem Set 7Managing Spreadsheet Modeling Projects

7.1 [100]

Instructor Contact Information

Author Contact Information

Problem Set 7
Managing Spreadsheet Modeling Projects