This blog is for Construction Professionals wherein I learn and share Project Management and Green Building Concepts. If you are passionate about learning and updating your Construction and real Estate related knowledge along with MS Excel and MS Project Skills just hang on..
a default, you can fill in just any text or Number etc. in any cell of your
and solutions however demand reliability.
The Data validation feature just does that. For example you might want
to dictate the following rules to your electronic measurement book.
Using Excel Solver Feature to analyze and optimize the Steel Truss Design.
If you are a Structural Designer and an advanced excel user, you might have or would like to use Solver Add in in Excel to optimize various designs.This feature is a paradigm shift from one way traditional design methods. Here, you make Excel try numerous design options/ possibilities till it meets all codal provisions for safety etc. and is also most economical. But I would like to warn the new professional that there is no substitute to getting deep into the design process and asking right questions from the professional peers and industry stakeholders.
For why you should design with excel please refer to my previous blog at http://www.ashutoshp.in/2014/01/why-design-using-excel.html
conception and monitoring involve estimation risks. Estimates are uncertain.
Expert judgement is used to quantify these. However hard we plan, there would always be some random variations. Let us explore the “what if” in the forecast group at data tab. Scenario manager here is helpful in creating various project (probable) outcomes. This concept is best understood using an example. Click here to download the workbook.
You need to
solve it to get a grip over it. Do the
followings. Use “Goal seek” to create the various
break-even quantitiesUse “data table” to vary two variables at a
timeCreate a “Scenario Summary” with most
likely, Optimistic and Pessimistic quantities.Run Monte Carlo simulation. These tricks allow great possibilities to a problem solver. Your comments to simplify and further explore it are welcome.
Project Control: Using Excel Conditional Formatting for guiding
rate negotiations in Comparative
Statement. Project control requires
that the various work packages are carried out as planned. Civil construction
is typically based on approved building plan and specifications. In view of progressive
elaboration of project, Item rate tenders are most prevalent and provide the
transparency and flexibility to both the owner and contractor.
Projects are always mired
with some uncertainty and items and their quantities often deviate. Various
known and unknown factors affect the prices quoted by a contractor. Success of
the project greatly depend on the Project’s ability to negotiate the contracts
at a mutually win-win cost, performance and time frame even in the face of uncertainties. Practice of defining a
Project/ work package through a Priority matrix is a handy tool for exploring
on the negotiation possibilities.