CP019: 6 Tips for Best Practice Modeling – Interview with Danielle from Plum Solutions
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In the 19th session of Chandoo.org podcast, lets talk about modeling best practices.
What is in this session?
I am very happy to interview my good friend, blogger, author, excel trainer & business-women – Danielle Stein Fairhurst for this session. I first met Danielle when I went to Sydney, Australia in April 2012. Our friendship & collaboration grew a lot in the last 2.5 years. She is a great speaker & trainer. This episode is loaded with her trademark style commentary, explanation & tips for better modeling. I hope you will enjoy it.
In this podcast, you will learn,
- Introduction to Danielle & her work
- 6 Tips for Best Practice Modeling
- Write consistent formulas
- Avoid hard-coding
- Smart referencing
- Ditch the bad habits
- Document assumptions
- Format & label things
- Resources for learning more
Quickly convert numbers stored as text [tip]
Here is a quick tip to start the week.
Often, we end up with a situation where a bunch of numbers are stored as text.
In such cases, Excel displays a warning indicator at the top-left corner of the cell. If you click on warning symbol next to the cell, Excel shows a menu offering choices to treat the error.