Actuarial Outpost
 
Go Back   Actuarial Outpost > Actuarial Discussion Forum > Software & Technology
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions


Reply
 
Thread Tools Display Modes
  #21  
Old 12-06-2017, 04:05 PM
Chuck Chuck is offline
Member
SOA AAA
 
Join Date: Oct 2001
Location: Illinois
Posts: 4,231
Default

Quote:
Originally Posted by Maphisto's Sidekick View Post
The answer continues to be: use the right tool for the job, recognizing that "right tool" considers delivery dates, skills of users, potential adaptations, and costs.

Sometimes the right tool is Excel. Sometimes the right tool is something better. And sometimes the right tool is "something better...but let's prototype it in Excel".

There's been multiple occasions where I've built something in Excel, and then handed it over to developers as the de facto specs for a new system or a new tool on an existing system.
There is good/bad Excel and good/bad "big systems" and bad decisions to use/develop each. We should work on improving decisions and development. But IMO this ongoing battle is generally about control. The IT powers generally do not like it if they are not the only option. It should be up to them to make the case that their approach is best in each instance.
Reply With Quote
  #22  
Old 12-06-2017, 04:20 PM
ReserveRage ReserveRage is offline
Member
CAS AAA
 
Join Date: Apr 2006
Posts: 6,651
Default

Quote:
Originally Posted by Maphisto's Sidekick View Post
Sometimes the right tool is Excel. Sometimes the right tool is something better. And sometimes the right tool is "something better...but let's prototype it in Excel".

There's been multiple occasions where I've built something in Excel, and then handed it over to developers as the de facto specs for a new system or a new tool on an existing system.
Excel is great for building a small test case with a sample of data just to make sure all the logic and math is sound. Then the heavy lifting can be done in SQL, R, etc.
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -4. The time now is 03:22 AM.


Powered by vBulletin®
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 0.18973 seconds with 11 queries