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Calculating overall % estimate

  1. #1
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    Calculating overall % estimate

    Hi new to the forum, but would appreciate help.

    I have a table which has planned hours and an overall estimated % completed. For multiple items how do I find the overall % complete.

    .........................Wk 1........Wk 2..............etc etc
    Planned .............10...........10
    Actual ...............10............0
    Estimated %........40%

    Planned ..............5............25
    Actual ................5.............0
    Estimated %........19%

    Planned ..............4.............16
    Actual ................4..............0
    Estimated %.......20%


    I need a function which will multiply each estimate by its associated planned hours and then multiply the total planned by the resulting composite %.
    ie.70/(20*40%)+(30*19%)+(20*20%) = 0.253.

    I have tried various sumif and countif functions but can't get them to work.

    As the spreadsheet will be populated by non-excel techies, the function must be able to be copied when new columns and rows are added.

    Thanks in advance
    Spoed

  2. #2
    Forum Moderator zbor's Avatar
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    Re: Calculating overall % estimate

    You need to organize your table.

    Would be this close enough?

    However, I don't get your result...

    Book1.xls

    How did you get 70/((20*40%)+(30*19%)+(20*20%))= 0.253.?

    I assume you need (), but even then result is 70/17,7=3,95480226 as in example
    Last edited by zbor; 09-01-2009 at 09:27 AM.
    Never use Merged Cells in Excel

  3. #3
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    Re: Calculating overall % estimate

    Thanks for the reply, I don't know where I got the .253 from but it was on my spreadsheet before I erased the calculation, doh.

    I shall try your calc unfortunately I cannot rearrange the sheet as I have week1 to week52 and I have planned hours, actual hours and then the estimate for the percentage complete for each week.

    Yes the actual divided by planned gives me % complete but some tasks are easy compared to others and the hours do not necessarily reflect the complexity of the task. Estimating % complete is easier than adding in fudge factors.

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