Spread cost with skewed normal distribution

JontyO

New Member
Joined
Mar 27, 2023
Messages
1
Office Version
  1. 365
Platform
  1. Windows
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.

ABCDEFGHIJKLMNOPQRSTUVWX
Row 2OWNERPACKAGEDESCRIPTIONCURRBUDGETSTARTFINISHREM DURATIONDIST' CURVEPEAK
(AT % DUR)
STD DEVCHECK SUMCOMMITTEDACTUALESTIMATE AT COMPLETIONESTIMATE TO COMPLETE
Mar-23​
Apr-23​
May-23​
Jun-23​
Jul-23​
Aug-23​
Sep-23​
Row 3
Row 4Company911100Item DescriptionAUD23,233,287Apr-23May-27
50.0​
Normal65%
16​
Ok--23,233,28723,233,287-203,451223,441244,438266,365289,129312,615



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.
 

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