The Standard For Spreadsheet Development: Accuracy and Cost Savings: The Standard for Spreadsheet Development, Modeling, Building

With a focus on increasing accuracy and cost savings, this manual offers a standard model for developing spreadsheets, by way of provididng a structure that leads to a more robust use of spreadsheet capabilities to meet the two objectives/focuses. This manual has been written to help spreadsheet users and developers increase accuracy and cost savings in the work they perform for companies, agencies, organizations, entrepreneurs, spreadsheet consumers/users, other developers (anyone who builds spreadsheets) and indeed, the vast numbers of stakeholders with an interest in accurate spreadsheets.

Spreadsheet development has not evolved as quickly as spreadsheet functionality, and this manual seeks to exploit the more robust functionality that is currently offered, thereby enhancing the elements that are derived from automation and systemization, as well as a commonly understood structure/language/understanding.

According to Market Watch of the Wall Street Journal, 88% of spreadsheets have errors:
“Close to 90% of spreadsheet documents contain errors, a 2008 analysis of multiple studies suggests. ‘Spreadsheets, even after careful development, contain errors in 1% or more of all formula cells,” writes Ray Panko, a professor of IT management at the University of Hawaii and an authority on bad spreadsheet practices. “In large spreadsheets with thousands of formulas, there will be dozens of undetected errors.’”

The Standard for Spreadsheet Development offers a simple solution to a complex problem, and is a solution which can be used and appreciated by all stakeholders.