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This lecture emphasizes the importance of planning in engineering and how efficient spreadsheet design can aid in the process. It covers the phases of spreadsheet modeling - designing, building, and testing - with an example problem of an Influence Diagram Excel Model.
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Spreadsheet Engineering • Builders use blueprints or plans. • Without plans structures will fail to be effective. • Advanced planning in any sort of design can speed up implementation. • Spreadsheets are no different from other arenas of design. • Engineering and advanced planning aids effectiveness.
Spreadsheet Design • An efficient process minimizes time spent. • An effective process yields results that meet users’ requirements. • Good design helps analysts spend the majority of their effort improving decisions, rather than building and fixing models.
The Phases of Spreadsheet Modeling • Designing • Building • Testing
Excel Model Excel Model