Q. How does the Scenario Manager in Excel work? A. Microsoft Excel’s Scenario Manager is a powerful tool for making informed financial decisions. It allows users to create and manage multiple data ...

Microsoft Excel has a feature that is called Scenario Manager, and from our understanding, most folks have no idea how to use it or what it is. But that’s fine because this article will explain how to ...

When you use Excel, you have access to powerful tools that can help you make informed decisions based on different scenarios. Two of the most useful tools for this purpose are Goal Seek and the ...

Last month, we used Goal Seek to determine the most reasonable mortgage payment within a specific budget. This month, we continue with the mortgage example using Scenario Manager. We’ll generate a ...

Q. I often save multiple versions of the same Excel file (usually with differing assumptions) and later have difficulty telling which file is which when I want to revert to a previous version. Any ...

Sometimes persons would use scenarios to try out various values, especially if you know the result you want from the formula but are not sure what input the formula needs to get that result. For ...

Managing personal finances effectively requires a combination of precision, foresight, and smart planning. Microsoft Excel offers a robust suite of tools, particularly under its “What-If Analysis” ...