Forum Discussion
Conditional Formatting Logic Puzzle
Shawna760 I have included 2 options for the text but for the color (conditional formatting) you will need 5 rules.
For the value in the cell you could use INDEX() as a lookup or 'build' it based on the probability converting to a letter and then appending the severity.
For the color (conditional formatting) I show how by multiplying the 2 values you can create distinct ranges for each zone.
hope this helps and btw I am in quality and regulatory so very familiar with your risk assessment chart 🙂
In order to have unique column and row names i changed 1, 2 , 3 , 4 and 5 to 1 Severity, 2 Severity and so on and to 1 Probability , 2 Probability and so on. Then i worked with named ranges and with INDIRECT formula to select value from range C3:G7.
The named ranged are " _1_Severity " for example (this is done automatically) and therefore i had to enter the exact names of the named ranges in B13:C18. Finally 5 rules for conditional formatting were entered in order to format a cell in one of the 5 colors of range C3:G7.