Managing data in Microsoft Excel takes information to a whole new level. What ever your Excel data management needs, Excel involves organizing, analyzing, storing and presenting the data for a wide range of uses. This data management can make use of spreadsheets, formulas, toolbars, graphs, statistical tools, and formatting features. The spreadsheets can be used to make lists, tables, graphs and charts and can help organize information for further analysis or record keeping. Excel can not only help you present the data according to how you think but in new ways as well. There are 100's of possibilities in managing data using Microsoft Excel. Since Excel is a flexible program with many tools, the data inputted into the spreadsheets can be used for a variety of purposes. This article will discuss data management in Microsoft Excel in terms of 1) software options, 2) software application diversity and 3) data management benefits.
PART I: SOFTWARE OPTIONS AVAILABLE VIA MICROSOFT EXCEL:
A few of the tools that are included in the Microsoft Excel software are as listed below and can be used for a number of purposes such as budgeting, tracking inventory, analyzing changes in variables, calculating, interlinking data, organizing information for review and presentation. In terms of data management, these tools can be very useful in the data management purposes listed in the first paragraph of this article i.e. organization, analysis etc.
*Time Charting with graphs
*Mathematical calculations
*Volume Vs Time charts
*Regression analysis
*Statistical analysis of information
*Interlinking and inter-spreadsheet value calculations
*Data storage of expenses, assets, time sensitive and frequently accessed information.
The possibilities with excel are quite vast and anyone with data to manage has the potential to benefit from using the software. The graphing feature allows one to see how relationships of data on the X and Y axis change over time, advertising dollars, weather changes etc. The relationships of the data are as vast as the information inputted into the graphing application.
PART II: MICROSOFT EXCEL'S DIVERSITY OF APPLICATION:
One of the great things about excel is that people and organizations from completely different backgrounds and with highly differentiated information needs can make use of the software features. Since Excel is primarily a numerical software, it is adaptable to international business needs as well. For example, if a person or individual
SOURCE:
http://www.helium.com/items/359089-the-basics-of-data-management-in-microsoft-excel
PART I: SOFTWARE OPTIONS AVAILABLE VIA MICROSOFT EXCEL:
A few of the tools that are included in the Microsoft Excel software are as listed below and can be used for a number of purposes such as budgeting, tracking inventory, analyzing changes in variables, calculating, interlinking data, organizing information for review and presentation. In terms of data management, these tools can be very useful in the data management purposes listed in the first paragraph of this article i.e. organization, analysis etc.
*Time Charting with graphs
*Mathematical calculations
*Volume Vs Time charts
*Regression analysis
*Statistical analysis of information
*Interlinking and inter-spreadsheet value calculations
*Data storage of expenses, assets, time sensitive and frequently accessed information.
The possibilities with excel are quite vast and anyone with data to manage has the potential to benefit from using the software. The graphing feature allows one to see how relationships of data on the X and Y axis change over time, advertising dollars, weather changes etc. The relationships of the data are as vast as the information inputted into the graphing application.
PART II: MICROSOFT EXCEL'S DIVERSITY OF APPLICATION:
One of the great things about excel is that people and organizations from completely different backgrounds and with highly differentiated information needs can make use of the software features. Since Excel is primarily a numerical software, it is adaptable to international business needs as well. For example, if a person or individual
SOURCE:
http://www.helium.com/items/359089-the-basics-of-data-management-in-microsoft-excel
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