2. Spreadsheet Errors Occur During Every Stage of a Spreadsheet Lifecycle Model Formulation SpreadsheetErrors Testing Cell Entry Use
3. Spreadsheet Errors Take Multiple Forms Error Types Qualitative Quantitative Jamming Duplication Mechanical Omission Logic Typing errors Wrong function Wrong formula Same parameter in multiple cells Forgotten information Multiple parameters
5. Spreadsheet Errors Happen at all Experience Levels Source: Panko, Raymond R. “What We Know about Spreadsheet Errors.” Journal of End User Computing. Spring 1998. Revised May 2008.
6. Spreadsheet Errors Can Have Significant Impact “Some aspiring police officers who took a government exam said they were told they passed a big test, but found out later that they had actually failed. A national company called AON administered the test and told the board someone incorrectly sorted the results on a spreadsheet, so the names and scores were mismatched.” Kodak admitted a hefty $11 million severance error was traced to a faulty spreadsheet. Kodak spokesman Gerard Meuchner said "There were too many zeros added to the employee's accrued severance.” Source: http://www.eusprig.org/stories.htm
