Instructor for this course

This informative on-demand course presented by Excel expert David Ringstrom, CPA, is designed to teach you how to implement Excel’s powerful What-If Analysis tools. David explains how and when to make use of Excel’s Scenario Manager, how to use the Data Table feature to compare calculation results based on two or three inputs, how to use Excel’s Goal Seek feature to perform basic what-if analyses, and more. 

David demonstrates every technique at least twice: first, on a PowerPoint slide with numbered steps, and second, in Excel 2016. He draws your attention to any differences in Excel 2013, 2010, or 2007 during the presentation as well as in his detailed handouts. David also provides an Excel workbook that includes most of the examples he uses during the webcast.  

Topics Covered:

  • Enhancing the Summary Report generated by the Scenario Manager with range names.
  • Using the Summary Report aspect of Scenario Manager to compare different scenarios side by side.
  • Implementing a simple Excel macro that will empower you to apply multiple scenarios at once when you have more than 32 inputs.
  • Exploring the Forecast Sheet feature in Excel 2016, which can extrapolate trends based on existing data in your spreadsheets.
  • Enabling Excel’s Solver Add-in for more complex what-if analyses.
  • Pausing Goal Seek when necessary to check the status of calculations that involve large numbers.
  • Contrasting Excel’s Data Table feature with traditional approaches used in spreadsheets.
  • Avoiding the need to write repetitive formulas with Excel’s Data Table feature.
  • Utilizing the PMT worksheet function to calculate loan payment amounts.

Learning Objectives

  • Identify when to use Excel’s Goal Seek feature versus Solver.
  • Discover how to apply Excel’s Solver Add-in for more complex what-if analyses.
  • Recognize how to use the Data Table feature in Excel to compare calculation results based on varying inputs.
Last updated/reviewed: May 5, 2022

Included In Certifications

This course is included in the following Certification Programs:

17 CoursesCertified Excel Modeler

  1. Excel Efficiency: VLOOKUP
  2. Excel Efficiency: Logic Functions
  3. Excel Efficiency: Filtering and Formatting Data
  4. Excel Efficiency: Intermediate Pivot Tables
  5. Excel Efficiency: Auditing Spreadsheets
  6. Excel Efficiency: Minimizing Worksheet Errors
  7. Excel Efficiency: Workbook Links
  8. Excel Efficiency: What-If Analysis
  9. Excel Efficiency: Quick and Easy Financial Statements in Excel
  10. Excel Efficiency: Budget Spreadsheets
  11. Hands-On Excel: Waterfall Calculations
  12. Excel Efficiency: Table Feature
  13. Excel Efficiency: Intro to Macros Part 1
  14. Excel Efficiency: Intro to Macros Part 2
  15. Excel Efficiency: Excel Chart Speed Tips
  16. Excel Efficiency: Taming Large Spreadsheets
  17. Excel Efficiency: Internal Controls

11 Reviews (56 ratings)Reviews

Anonymous Author
Another great course form Instructor David Ringstrom, It was kind of hard but finally I got. I don not work with financial data, I work with State report for students. so was a bit challenge for me. I learn something new .
Member's Profile
This is possibly one of the very best Excel courses I have ever taken. I am an intermediate Excel user and I learned a ton from this presentation. A job well done.
Member's Profile
Good examples and instructions as always. Some of the tools are a little hard to understand and I'm not sure that they are as useful for every day Excel users.
Anonymous Author
Informative course that can be used and referenced in the future. As a user of excel who does not use the what if analysis often this is a good reference tool
Member's Profile
David does a great job of explaining the class objective then actually demonstrating the concept to really make sure you understand the lesson.
Member's Profile
Clear, focused presentation. I would like more keyboard shortcuts, but appreciate the step by step instructions.
Anonymous Author
Great content! I really learned a lot about how to apply Excel functions to financial planning & analysis.
Member's Profile
I like the scenario manager feature. I had not been exposed to that prior to this course.
Member's Profile
I really enjoy this presenter. Excellent and thorough with his excel teaching and examples.
Member's Profile
Excellent course that cover some lesser known excel tools
Member's Profile
I always learn something in David's excel courses.


Course Complexity: Intermediate

Program Prerequisites: Experience Using Excel to Store Lists of Data Is Recommended

Advance Preparation: None

Education Provider Information

Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Course Syllabus
  8:20Introduction to What If Analysis
  6:48CUMIPMT Function
  8:52Scenario Manager Feature
  7:45Named Ranges/Scenario Summary
  8:41Merging Scenarios
  7:49Scenarios with > 32 Fields
  8:50Automating Scenarios > 32 Fields
  9:22Goal Seek Feature
  5:44Data Table Overview
  6:10Data Table - Two Variables
  6:57Data Table - Three Variables
  9:18Resizing Data Tables
  7:22Enabling Excel's Solver Add-In
  2:30Resolving Solver32.dll Error
  1:44:29Excel Efficiency: What-If Analysis
  PDFSlides: Excel Efficiency: What-If Analysis
  PDFExcel Efficiency: What-If Analysis Glossary/Index
  XLSXWorkbook: Excel Efficiency: What-If Analysis