How to make Cost Benefit and Breakeven Analysis in Excel

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Do you need to know if the benefit outweighs the cost of starting a business, a new product, or a new project? Well running a cost benefit analysis in Excel is one of the best ways to see whether it is worthwhile. We can also see the breakeven point - the point when the dollar benefits overtake the cost we've spent, all in a nice little chart. Check it out!
Timestamps:
00:00 Intro and how to use Cost Benefit analysis
01:16 Getting started
01:43 Setting the borders
03:25 Adding the totals
05:55 Calculating the cost to benefit ratio
07:20 Doing the breakeven analysis
08:53 Making the breakeven chart
11:25 Truncating the number in the Cost Benefit Ratio
12:10 Finished cost benefit ratio and breakeven chart
#Excel #ProjectManagement
See all the Project Template Excel and Powerpoint videos: • How to Create Excel an...

[@Ancient7778]

Idk if those background nature sounds are edited in or completely natural but they really helped make this video a relaxing experience

[@varuncharavanan9169]

You're a legend. No doubt. This will be really helpful for my thesis. Thanks a lot

[@smoky1smoke]

Excellent video, loved how you delivered the whole things. Good job.

[@tiarevavine]

Thank you sir. The way you delivered this topic was very helpful - simple and clear.

[@komakechhenry5236]

This is great, I really liked the presentation, simple and clear. thanks

[@MrSomethingnoble]

I love the way you explain any single technical detail! I have learnt a lot about Excel over time but still feel I am a dummy to it. I definitely learnt new things from your video. Very nice!!!!

[@amirhanna7694]

Such a great tutorial! Thanks for sharing!

[@justinjamessajulga9003]

VERY NICE EXPLANATION! THANKS FROM PHILIPPINES

[@user-mv5ks3hc3v]

Thank you, sir 🙏 Really helped me. I owe you gratitude for this wonderful content.

[@amanuelmekashaw8738]

Thank you sir you have made the best video guideline easy to learn easy to use and attractive

[@danielyang7276]

soothing voice very good explaining thats the things that we need in a youtuber!

[@dflip2]

I actually followed this step -by-step! Too cool! Maybe this will help me write it in my paper for school. Sigh...loved it though.

[@bansikhant.]

it really helped me alot. thank you. your video is precise and perfect even beginners can do it.💯👏

[@rupahegde1]

Insightful! Thanks 🙏

[@Cfierro1342]

Great work, much appreciated sir!

[@TheGreatestHeroEver]

amazing video thank you! You're the Bob Ross of excel!

[@christinapantouli4783]

You are my hero!!❤

[@leonardonapoleonmendozazum8753]

excelente Mr. David Mclachlan greetings from PERU i wish to see a video so good thanks a lot to teach so very well

[@angelaponsford6296]

Really useful. Thank you!

[@osvaldoportoxxx]

Thank you very much. This is really helpful

[@rogelioparra539]

This is amazing thanks for sharing is very useful.

[@Javedkvp]

Great, really helps

[@stevebrew7239]

Thanks. Very helpful.

[@visualpmpacademy2230]

Great Job. Thank you.

[@giftylitaarhin7887]

You are amazing!

[@enriquemolinaramirez6136]

Great, thanks a lot!!

[@pedrohenriquecarneiro904]

Very good!

[@katilotfi4115]

Thank you!

[@edwardcooper5750]

Great tutorial and analysis tool. I have just created this following your video. Awesome, thanks. PS. you haven't got a gannt chart tutorial have you?

[@ManpreetSingh-hl1fx]

Good Stuff

[@90052137]

Fantastic explanation thank for your effort I really loved the whole details of the training , can you please send us the excel template

[@emmanuelbasam1381]

Awesome @David! Is it possible to make some tutorials on CPI, SPI and other Project Management key Metrics? Thanks

[@user-mm3ju6on1l]

How do we find the point at which those two lines cross in the breakeven analysis? Thank you so much for the video!

[@user-pb9ru1wf4n]

great

[@DigitalDawg]

What is the name of the actual spreadsheet template that you're using?

[@markdaniellorenzo3250]

Does the benefits value are always assumption?when doing cost benefits analysis?

[@davidmclachlanproject]

Unless we know for sure (if we have the exact data or if we've seen it before) it will usually be an estimate, yes 🙂

[@simonrobinson2759]

May cost ratio shows 14 decimal places even when I try and format the field for just 1. Any ideas?

[@simonrobinson2759]

Sorted now

[@ottoberger6706]

have the same problem how did u solve it ?

[@ottoberger6706]

place the formula he explains in the video in cell K2 and than put the following code in the cell he shows: =LEFT(K2, SEARCH(".", K2 & ".") +2)

[@algifaryakbar1395]

where is the template?