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What-If Scenario Tables in Excel

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Test assumptions systematically.

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Help me set up scenario analysis. Model description and the cells that drive it: [MODEL_INPUTS]. Output I care about: [OUTPUT]. Ranges for each input: [INPUT_RANGES].

Explain three techniques: a scenario table with named cases, a one-variable data table, and a two-variable data table, and show the steps to build each for my model. Include a layout for an assumptions sheet that keeps all inputs in one place with notes and sources, and a rule that outputs never contain typed numbers. Provide a method for a tornado-style ranking of which inputs matter most by changing each one by the same percentage. Add a reminder to document scenarios and to avoid presenting a single scenario as a forecast.

Add a section for documenting each scenario with a name, owner and date, and a short template for presenting results that shows the assumption set next to the outcome.

Add a short list of common errors, such as inputs hard-coded inside formulas, circular references, and tables that do not recalculate because calculation is set to manual.

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