This post builds on earlier discussion, How many hours did Johnny work? I recommend you to read that post too.
Lets say you have 2 dates (with time) in cells A1 and A2 indicating starting and ending timestamps of an activity. And you want to calculate how many workings hours the task took. Further, lets assume,
- Start date is in A1 and End date is in A2
- Work day starts at 9 AM and ends at 6PM
- and weekends are holidays
Now, if you were to calculate total number of working hours between 2 given dates, the first step would be to understand the problem thru, lets say a diagram like this:
We would write a formula like this:
=(18/24-MOD(A1,1)+MOD(A2,1)-9/24)*24 + (NETWORKDAYS(A1,A2)-2)*9
See the above illustration to understand this formula.
Now, while this formula is not terribly long or ineffective, it does feel complicated.
May be we can solve the problem in a different way?!?
Michael left an interesting answer to my initial question, how many hours did Johnny work?
Pedro took the formula further with his comment.
The approach behind their formulas is simple and truly out of box.
Instead of calculating how many hours are worked, we try to calculate how many hours are not worked and then subtract this from the total working hours. Simple!
See this illustration:
So the formula becomes:
Total working hours between 2 dates – (hours not worked on starting day + hours not worked on ending day)
=NETWORKDAYS(A1,A2)*9 - (MOD(A1,1)-9/24 + 18/24 -MOD(A2,1))*24
After simplification, the formula becomes,
=NETWORKDAYS(A1,A2)*9 - (MOD(A1,1) -MOD(A2,1))*24 -9
=(NETWORKDAYS(A1,A2)-1)*9 +(MOD(A2,1)-MOD(A1,1))*24
Sixseven also posted an equally elegant formula that uses TIME function instead of MOD()
=(NETWORKDAYS(B3,C3)*9) - ((TIME(HOUR(B3),MINUTE(B3),SECOND(B3))-TIME(9,0,0))*24) - ((TIME(18,0,0)-TIME(HOUR(C3),MINUTE(C3),SECOND(C3)))*24)
Download the solution Workbook and play with it
Click here to download the solution workbook and use it to understand the formulas better.
Thanks to Pedro & Michael & Sixseven & All of you
If someone asks me what is the most valuable part of this site, I would proudly say, “the comments”. Every day, we get tens of insightful comments from around the world teaching us various important techniques, tricks and ideas.
Case in point: the comments by Michael, Pedro and Sixseven on the “how many hours…” post taught me how to think out of box to solve a tricky problem like this with an elegant, simple formula. Thank you very much Michael, Pedro, Sixseven and each and every one of you who comment. 🙂
Have a great weekend everyone.
PS: This weekend is my mom’s birthday, plus it is a minor festival in India. So I am going to eat sumptuously, party vigorously and relax carelessly. Next week is going to be big with launch of excel school 3.
PPS: While at it, you may want to sign up for excel school already. The free lesson offer will vanish on Wednesday.
18 Responses to “Best Charts to Compare Actual Values with Targets – What is your take?”
Great post. I can't vote, though, because the answer I want to put down is "it depends". As with all visualisations, you've got to take into account your audience, your purpose, technical skills, where it will be viewed, etc.
I'm with Andy: It depends. Some I would use, some I might use, some I won't touch with a barge pole.
Naturally I have comments 🙂
The dial gauge, though familiar, is less easy to read than a linear type of chart (thermometer or bullet). It's really no better than the traffic lights, because all it can really tell you is which category the point falls in: red, yellow, or green.
By the same token, pie charts are so familiar, people don't know they can't read them. Remember how long it takes kids to learn to read an analog clock?
Bullet charts don't show trends.
With any of the charts that have a filled component and a marker or ine component, it makes more sense to use the filled component (area/ column) for target, and the lines or markers for actual.
[...] Best Charts to Compare Actual values with Targets (or Budgets … [...]
I voted for #6 even though I agree with the other comments that it depends.
The majority of the votes are for the #2, thermometer chart. I still have yet to understand what happens when you are above plan/goal, which was brought up in yesterday's post.
Also, I agree with Jon in that it would be better to flip the series and make the filled part the target or goal and the line or marker the actual.
I am also a fan of using text when appropriate if the data is among other metrics in a type of dashboard. Calling it out by saying actual and % achievement is a good option.
Another "it depends" vote. Are you just looking at one or are you comparing a number of targets with actuals? You didn't include a text box. The problem with sentences is that they can get lost in a page of gray text. A text box can call attention to the numbers and line them up effectively.
I'm with Jon: "Some I would use, some I might use, some I won’t touch with a barge pole" and I'm surprised that some of your readers voted for the last group.
Jon says:
With any of the charts that have a filled component and a marker or line component, it makes more sense to use the filled component (area/ column) for target, and the lines or markers for actual.
Why does this make more sense? I like 6 the way it is, although I would use a heavy dash for the plan/target marker.
"It depends" is also my take. What I usually try to drill into my clients dashboard design is the fu ndamental difference between spot results (am I on target for this month) and long term trends.. I always try to create 3 different set of graphs to represent real perormance:
- spot results vs objectives
- cumulative results vs objectives
- long-term trend (moving average) mostly) to see where we're going
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Jon says:
With any of the charts that have a filled component and a marker or line component, it makes more sense to use the filled component (area/ column) for target, and the lines or markers for actual.
Why does this make more sense? I like 6 the way it is, although I would use a heavy dash for the plan/target marker.
I totally agree, Bob. I would normally favour a line for the target and a column for the actual, you can see quite easily then which columns break through the line, then.
[...] best charts to compare actual values with targets — den Status mal anders zeigen, z. B. als Tacho [...]
Thermometer charts: "Not appropriate when actual values exceed targets" - this is easily solved by making the "mercury" portion a different color from the border, then you can clearly see where the expected range ends and the actual values keep going.
People seem to knock gauges quite a bit in dashboarding, but trying to show comparison of realtime data between operating sites and targets for each site can easily be done with a bank of gauges that have the optimal operating points at 12 o'clock.
The human eye is great at pattern stripping, and any deviation of a gauge from the expected 12 position will quickly register with an operator and attract his attention. Using a colour background, or meter edge, will also indicate the sensitivity of a particular site.
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I am wondering how will the plotting work, for some of the targets which may have been achieved before time. E.g. for the month of Jul the target was 226 and the actual was 219. So the chart will show a deficit in meeting the target by 7 points but what if this 7 may have been completed earlier in month of June. So ideally it not a deficit.