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Examples
of what goes wrong with Spreadsheets in Technology
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Below are stories relating to spreadsheet errors found
in technology Remember also, that these are the published stories only. We know of many
other that cannot be published, and it would surprise us if any large
organisation could claim to never having a spreadsheet error in the years
they have been operating. |
If you already know that spreadsheet errors are an issue, then why not
see how a tool like Spreadsheet Professional can assist you. See more on
the Spreadsheet Professional pages.
All
stories courtesy the European Spreadsheet Risks Interest Group Site www.eusprig.org
| Technology |
October 2003, The Tennessean
Spreadsheet errors in the bids by ISIS meant that their
proposal, that appeared the cheapest, became more expensive
once the spreadsheet errors were corrected. This is a typical
example of undercharging due to spreadsheet errors in a tender
process. This is extremely likely in a tender process as any
errors made in the companies favor will result in the company
losing the tender. If the errors are the other way, it is likely
the tender will be won, and the losses will materialize |
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