

Specify the initial values for the changing inputs.Identify the input cells with changing values.Specify the values for the constant inputs.Identify the input cells with constant values.Define the cells that contain the input values.The steps for setting up the initial values for Scenarios are − Initial Values for Scenariosīefore you create several different scenarios, you need to define a set of initial values on which the scenarios will be based. The Scenario Manager creates a report containing the input and the output values for each scenario. The formulas use the changing input cells. These cells contain formulas in the initial set of values. Step 3 − Select the output cells, called the result cells that you want to track. Step 2 − Create each scenario, name the scenario and enter the value for each changing input cell for that scenario. Step 1 − Define the set of initial values and identify the input cells that you want to vary, called the changing cells. To create an analysis report with Scenario Manager, you have to follow these steps − Scenario Manager is one of the What-if Analysis tools in Excel. That lets you compare the scenarios side-by-side.That incorporates information from all the scenarios.If the information that you want to use in scenarios is from different sources, you can collect the information in separate workbooks, and then merge the scenarios from the different workbooks into one.Īfter you have all the scenarios you need, you can create a scenario summary report − You can also have different loan scenarios from different sources that compare various possible interest rates and loan tenures. You can create and save different groups of values as scenarios on a worksheet and then switch between these scenarios to view the different results.įor example, you can have several different budget scenarios that compare various possible income levels and expenses. ScenariosĪ scenario is a set of values that Excel saves and can substitute automatically on your worksheet. Refer to What-If Analysis with Data Tables in this tutorial. Although it is limited to only one or two variables, a Data Table can include as many different input values as you want. If you want to analyze more than 32 input sets, and the values represent only one or two variables, you can use Data Tables. Merging the scenarios from several different worksheets or workbooks.Scenarios help you to explore a set of possible outcomes, supporting the following − Scenario Manager creates scenarios for each set of the input values for the variables under consideration.

Scenario Manager is useful in the cases where you have more than two variables in sensitivity analysis.
