Define the phases of spreadsheet modeling

Reference no: EM133242178

Question - Spreadsheet Decision Modeling

Q1. Explain that the spreadsheet engineering is similar to structural and civil engineering.

Q2. Define the Phases of spreadsheet Modeling.

Spreadsheet engineering is akin to structural and civil 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 aid effectiveness, and reduce rework and costs. Spreadsheet modeling is a creative process. Still, every spreadsheet passes through three predictable stages:- Designing- Building- Testing.

Reference no: EM133242178

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