$ per month formula

Jill Youngberg

I am trying to put together a formula to track the amount of money we are bringing in per month per project. Not sure if I am doing it right... Any help would be appreicated.

 

Here is what I am coming up with so far -

 

=IF(Phase30)= "Construction", [Estimate $]30/Duration30)

 

I know they duration is only calculated in days - so there would be an additional column required to break it down into weeks and or months. but I am not sure how to get that first formula correct.

 

Thanks,

J. Craig Williams

Jill,

 

First things first, your formula is not correct syntax-wise. At the very least, remove the first close paranthesis.

 

 

=IF(  Phase30 = "Construction", [Estimate $]30/Duration30)

 

This will be blank for a Phase that does not match "Construction" and will throw an error for any duration of 0 (like milestones or blanks)

 

Craig

Charles DESCOTES

Beside,

Be careful that the data in 'Duration' column is what you need, Calendar days or Working days?