Moving Beyond the Limitations of Spreadsheets:
How the Simultaneous Design and Documentation of Calculations Promotes Engineering Excellence

Engineers relying on outdated handbooks, reference manuals, calculators, or business spread sheets are more prone to calculation errors. In fact: The University of Hawaii found 20% to 40% of all spreadsheets contain errors.

Executive Summary:
For a wide range of global organizations in today's competitive marketplace, faster time-to-market, improved product quality and continuous regulatory compliance remain primary objectives-all while fostering continuous innovation. Engineering-driven organizations-from aerospace to automotive to pharmaceutical companies-also share these objectives, but the stakes are arguably much higher as they strive to successfully manage their business-critical information. The failure to capture and document engineering calculation information poses a tremendous risk, as a single mistake can bring down an entire multimillion dollar project-and even jeopardize lives and property.

With engineering driving the success of so many Global 1000 companies today in an increasingly technical economy, organizations are waking up to the need to standardize and document their businesscritical engineering calculations. Standardizing the methods of solving and documenting engineering calculations drives consistency in global product development processes.

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