Hi all.
Using Office 365
I have a formula to apply a normal distribution to costs over time, but I have two problems.
1. I would like to skew the distribution either to the left or to the right by specifying a value other than the mean, by placing a variable percentage of the duration (K4) so the peak is for example at 65% of the duration, rather than 50%. (Less than 50% is skewed to the left, and greater than 50% is to the right, but happy to use any alternative equivalent). I tried this using the product of the duration and the %, but then the total distributed costs did not match the total to be distributed.
2. This formula also requires the start and finish dates have to be on the first of the month. (Cells G4 and H4, with columns R to BQ including all days of that month) I would like to be able to start the item on any day, and then apply part of the costs for that month.
Thanks in advance.
Using Office 365
I have a formula to apply a normal distribution to costs over time, but I have two problems.
1. I would like to skew the distribution either to the left or to the right by specifying a value other than the mean, by placing a variable percentage of the duration (K4) so the peak is for example at 65% of the duration, rather than 50%. (Less than 50% is skewed to the left, and greater than 50% is to the right, but happy to use any alternative equivalent). I tried this using the product of the duration and the %, but then the total distributed costs did not match the total to be distributed.
2. This formula also requires the start and finish dates have to be on the first of the month. (Cells G4 and H4, with columns R to BQ including all days of that month) I would like to be able to start the item on any day, and then apply part of the costs for that month.
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X |
Row 2 | OWNER | PACKAGE | DESCRIPTION | CURR | BUDGET | START | FINISH | REM DURATION | DIST' CURVE | PEAK (AT % DUR) | STD DEV | CHECK SUM | COMMITTED | ACTUAL | ESTIMATE AT COMPLETION | ESTIMATE TO COMPLETE | Mar-23 | Apr-23 | May-23 | Jun-23 | Jul-23 | Aug-23 | Sep-23 |
Row 3 | |||||||||||||||||||||||
Row 4 | Company | 911100 | Item Description | AUD | 23,233,287 | Apr-23 | May-27 | 50.0 | Normal | 65% | 16 | Ok | - | - | 23,233,287 | 23,233,287 | - | 203,451 | 223,441 | 244,438 | 266,365 | 289,129 | 312,615 |
S4 Formula | =+IF(AND($J4="Linear",S$2>=$G4,S$2<=$H4),$Q4/$I4,0)+IF(AND($J4="Normal",S$2>=$G4,S$2<=$H4),(NORM.DIST((YEAR(S$2)-YEAR($G4))*12+MONTH(S$2)-MONTH($G4)+1,$I4/2,$L4,TRUE)-NORM.DIST((YEAR(S$2)-YEAR($G4))*12+MONTH(S$2)-MONTH($G4),$I4/2,$L4,TRUE))/(1-2*NORM.DIST(0,$I4/2,$L4,TRUE))*$Q4,0) |
Thanks in advance.