Today we will learn a new and exciting excel formula – the all powerful SUMPRODUCT.
At the outset SUMPRODUCT formula may not seem like all that useful. But once you understand how excel works with lists (or arrays) of data, the SUMPRODUCT’s relevance becomes crystal clear.
SUMPRODUCT formula – syntax and usage
The sum-product formula syntax is very simple. It takes 1 or more arrays of numbers and gets the sum of products of corresponding numbers.
The syntax is =SUMPRODUCT (list 1, list 2 ...)
So, for ex: if you have data like {2,3,4} in one list and {5,10,20} in another list, and if you apply SUMPRODUCT, you will get 120 (because 2*5 + 3*10 + 4*20 is 120).
At this point it might seem like an almost useless function. But all that will change in the next 2 minutes, keep reading.
SUMPRODUCT and Arrays
Lets say you have a list of sales data with columns Name, Region, Product and Sales. Now, you want to know how many units the sales person named “Luke” sold. This is simple, you will write a SUMIF formula [examples] and use the Name column as “criteria range” and Sales column as “sum range”.
But, wait a second, you want to find how many units sales person “Luke” sold in the region “west”.
Hmm…. we have 2 options,
- Use an array formula
- Use a pivot table [what is a pivot table?]
Actually, there is a hidden third option, use SUMPRODUCT.
That is right, my friend, we can use SUMPRODUCT to do just this (and much more).
Using SUMPRODUCT as an array formula
Assuming, the data is in range A1:D10, with Name in column A, Region in B, Product in C and Sales in D, the SUMPRODUCT formula is,
=SUMPRODUCT(--(A1:A10="Luke Skywalker"),--(B1:B10="West"),D1:D10)
Okay, lets take a minute and try to understand WTF (what the formula) is doing.
- The portion
--(A1:A10="Luke Skywalker")is looking for Luke Skywalker across planetary systems in all universes 😉 It is going to give us a bunch of ONEs and ZEROs, one if the cell has Luke, Zero if the cell has something else. - The portion
--(B1:B10="West")is doing the same, but gets 1s when the value is “West”. - The portion
D1:D10is just returning all the sales figures. - When you put everything together and multiply, it just works. Why? That is your home work to figure out.
Share your SUMPRODUCT formula Tips & Tricks
SUMPRODUCT formula can do much more once you understand how it works. This post is meant to open the door for you. Go ahead and explore the possibilities, then come back and share your tips with us.
Recommended Reading
I suggest reading the excel array formula examples, sumif with multiple conditions and other excel formula tutorials.
This post is part of our spreadcheats series
7 Responses to “Project Dashboard + Tweetboard = pure awesomeness!!!”
I would like to see actual hash-tagged DM tweets go out to the specific information consumers. That would be an interesting way to communicate the key daily data to interested parties.
A Twitter-like secure application like Yammer might be a good fit with this.
For example, how about daily tweets to selected user groups (secure) that would display sales, bookings, cash receipts, cash disbursed and a second version that would show the same info for MTD, QTD or YTD figures.
@Dan, it would be great. I did not taught about implementing it on this dashboard because twitter is blocked to the whole intranet here. However, there's a discussion here about how can we send these tweets to blackberries (probably through e-mail) automatically. (I'd like to see this implemented on a jabber restricted network as well, but here it'll probably not happen)
The wrap-up versions you mentioned doesn't apply to my particular scenario, but on a sales tweetboard it would be a great tool indeed - choosing who will receive which message according to hashtags. I'll think on something, thanks for the advice. 🙂
(Ah, btw, I'm Fernando... 🙂 )
@Dan: That is a fun idea. Instead of tightly integrating twitter functionality with a dashboard, i think it would be cool if we have a "tweet this" button that users can click after selecting a range of cells. We can easily show a dialog with the concatenated output of the selected cells and ask user to edit the text and eventually "send to twitter".
For eg. you can select the annual sales figure cell and click on "tweet this" button upon which a dialog will show the value. Then you can pre-pend it something like "DM @boss look at our sales this year: "
@Aires.. thanks once again.
Wow it looks really good. Not sure though how much the tweet facility would help in real world project management, but certainly having a dashboard on a project should be a key deliverable when learning how to manage a project
The other use of this is during the software development life cycle especially when you have parallel streams of development and testing going on. Using a dashboard is a quick way for everyone on the team to see where the project is at and how it all fits together.
Regards
Susan de Sousa
Site Editor http://www.my-project-management-expert.com
Hi Chandoo,
I purchased the project management toolkit but the dashboard shown above with the imbedded scroll bars. Is it included in the project pack??
Thanks
Sue
The gantt chart section of this dashboard is similar to one I have recently created: http://xlcalibre.com/hr-dashboard-gantt-chart-traffic-light-reportIt has a similar approach with scroll bars, but has a couple of additional features. I've tried to incorporate a traffic light report element, and also allow the timescale to adjusted so that can view it by days, weeks or months.I really like the other tables that you've incorporated, I may well try to replicate them to improve my version!
I am a monitoring and evaluation consultant in international development, and one of the services I offer is to help non-profits and foundations develop performance dashboards. I often advise them to develop dashboards for ongoing programs, rather than for one-time or pilot projects, because of the time involved. I am trying to find out from a few people how long it takes you to develop a project management dashboard, and to what extent the indicators vary from one project to the next.