Q. How does the Scenario Manager in Excel work? A. Microsoft Excel’s Scenario Manager is a powerful tool for making informed financial decisions. It allows users to create and manage multiple data ...

Last month, we used Goal Seek to determine the most reasonable mortgage payment within a specific budget. This month, we continue with the mortgage example using Scenario Manager. We’ll generate a ...

Q. I often save multiple versions of the same Excel file (usually with differing assumptions) and later have difficulty telling which file is which when I want to revert to a previous version. Any ...

Creating a monthly budgeting and forecasting model in Excel is a crucial skill for effective financial planning and management. This step-by-step guide by Kenji will walk you through the process of ...

You are probably familiar with the idea of scenario analysis used in strategic planning: You focus on different possible future outcomes to design a strategy that is flexible enough to accommodate ...