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Published on Apr 17, 2015
Are spreadsheets risky?
A review of some of the recent high-profile spreadsheet 'horror' stories. West Coast mainline bidding process, Reinhart and Rogoff.
The EuSpRIG website and resources including two sets of horror stories.
Are spreadsheets riskier than anything else?
Mario Balotelli – Why always me? Lack of structure, knowledge and expertise Perceived ease of use and ubiquity Are spreadsheets really that risky?
EuSpRIG 80% figure – What percentage of spreadsheets contain significant errors? Darwin and Frankenstein. Why we still use spreadsheets and what the real cost is. Catastrophic errors compared with the insidious cost of constant monitoring and correction. Is there anything we can do to reduce spreadsheet risk?
From macro to micro Identification of extent of spreadsheet use (enterprise spreadsheet monitoring tools) Dollar signs (individual skills and knowledge) ICAEW 20 principles