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- [Instructor] So let's talk about 2

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how to find high-level descriptive statistics 3

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for our project data. 4

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Now, you may be wondering, 5

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"What is a descriptive statistic?" 6

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Well, descriptive statistics are anything 7

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that takes a large column of numbers, 8

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and then turns it into a few numbers. 9

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So, think sum, min, max, count and average. 10

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Those are our classical descriptive statistic numbers, 11

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and ones perfect for using with pivot tables. 12

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So, first step is whenever we have project data like this, 13

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we always want to turn it into a table. 14

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So I'm going to hit Control T here to create a Control T table. 15

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Make sure your cursor is within that table region 16

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for this to work automatically. 17

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Make sure that your table has headers, 18

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then you can either hit the Enter key, 19

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which I'm going to do, or press OK. 20

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Next thing is, I got to get rid of those banded rows. 21

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It's just a personal thing. 22

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Now, under Table Name, I'm going to call this ProjectData 23

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just to keep us organized. 24

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And I want to add two different metrics to this. 25

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So the first metric I want to add is the budget delta. 26

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So you can see in Column E, 27

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we have the Budget, Column F, we have the Expenses. 28

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You can right-click on G and hit Insert. 29

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This is going to create a new column, 30

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and in this case, we're going to call it Budget Delta. 31

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Hit Enter on that, then you can put in equals 32

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in this first cell. 33

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And in this case, we're just going to do Budget less Expenses. 34

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Simple, right? 35

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Hit Enter. 36

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We have that right here. 37

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And then we also want to get the project length. 38

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So, in Column K, starting in Row 1, 39

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I'm going to type in Project Length like that. 40

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Very similar here, right? 41

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We want to take the end date, less the start date, 42

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and that's going to give us our duration. 43

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All right, so once we've done that, 44

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we're ready to create a pivot table. 45

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Pivot tables love these special columns we've created, 46

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so we're not just stuck using static data. 47

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The columns we create also go into the pivot table. 48

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So what I'm going to do is I'm going to go to Insert 49

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and click Pivot Table. 50

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In this top box here, 51

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you can see it's automatically populated 52

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with our table of data. 53

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We're cool with a new worksheet, 54

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so just go ahead and hit OK. 55

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And then I'm going to zoom out just a little bit here. 56

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So now that we've created our pivot table, 57

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let's see if we can actually understand the budget deltas, 58

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and the project lengths in terms of status and by person. 59

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So, first thing I'm going to do is find Status on here. 60

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I'm going to drag it all the way down to rows over here. 61

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So that's our statuses, 62

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and then I'm going to drop in the Assigned To here. 63

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Now let's look for our special measures that we created. 64

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We have Budget Delta. 65

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I'm going to drop that in right there. 66

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So that is the sum of our budget delta, 67

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and next, we're going to drop Project Length here. 68

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So that's the sum of the project lengths. 69

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Perhaps it doesn't make sense 70

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to have some for both of these. 71

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So, let's look at Budget Delta here. 72

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I'm going to click on this dropdown. 73

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I'm going to click Value Field Settings here. 74

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And in this case, I want to get the minimum 75

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just for my knowledge. 76

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So, this is the smallest budget delta. 77

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We can see that some of these are negative, 78

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so that's not necessarily good. 79

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Next, let's take a look at Project Length. 80

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I'm going to click on this down arrow here. 81

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I'm going to click Value Field Settings. 82

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I'm going to change this to Max. 83

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Now that you see how to create 84

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high-level descriptive statistics using pivot tables, 85

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in the next video, we're going to talk about progress charts, 86

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so you can actually measure 87

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how well you are doing, 88

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and see it visually.

