MONEY MATTERS

Mark alert checklist

What will the enterprise cost to set up and run? How will you make best use of the £10? To answer these questions, each of you must explore your allocated idea using a spreadsheet model.

 

Individual

 

You must create a spreadsheet model for your allocated idea. It must allow the team to ask 'what-if' questions. These will depend on what the idea is but here are some examples:

Produce your spreadsheet model. You need to think about:

Test your model using test data and a calculator.

 

Ask other members of your team to try out your model. Make changes where necessary.

 

You need to save this for your eportfolio Save evidence of your spreadsheet model for your eportfolio. Make sure that the moderator can see both the values and the formulae.

 

Make sure you save details about the costs you have used in your model. You will need to include this information in your presentation to the team.