modify skewness of a normal distribution when forecasting a budget

Castjorge

New Member
Joined
Dec 14, 2020
Messages
2
Office Version
  1. 2019
Platform
  1. MacOS
Hello to all, this is my first post in here.

This is my situation, Im woking on a Model to track "Budget" vs "Actual" of a Construction project. In my model you can choose if you want to forecast the "Budget" data in a straight line or as a S-Curve; when choosing the S-Curve option, it gives back a normal distribution of the budget (using start/end month as inputs).

But what if I want to show a different scenario showing more aggressive expenditures at the beginning and softening towards the end (or skewed to the right), how can I incorporate a different distribution so I can play with at least the skewness of the forecasted budget.

Hope you guys can help me!.
 

Excel Facts

Can you sort left to right?
To sort left-to-right, use the Sort dialog box. Click Options. Choose "Sort left to right"
Upvote 0

Forum statistics

Threads
1,215,826
Messages
6,127,116
Members
449,359
Latest member
michael2

We've detected that you are using an adblocker.

We have a great community of people providing Excel help here, but the hosting costs are enormous. You can help keep this site running by allowing ads on MrExcel.com.
Allow Ads at MrExcel

Which adblocker are you using?

Disable AdBlock

Follow these easy steps to disable AdBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the icon in the browser’s toolbar.
2)Click on the "Pause on this site" option.
Go back

Disable AdBlock Plus

Follow these easy steps to disable AdBlock Plus

1)Click on the icon in the browser’s toolbar.
2)Click on the toggle to disable it for "mrexcel.com".
Go back

Disable uBlock Origin

Follow these easy steps to disable uBlock Origin

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back

Disable uBlock

Follow these easy steps to disable uBlock

1)Click on the icon in the browser’s toolbar.
2)Click on the "Power" button.
3)Click on the "Refresh" button.
Go back
Back
Top