Risk Assessment Calculation

bw5727

New Member
Joined
Jan 18, 2019
Messages
3
I am trying to calculate the level of risk for a particular item based on the user inputs to two fields.

Column A = Impact; drop down of values
Column B = Probability; drop down of values
Column C = Risk Level; calculated based on the entry in Column A and B and where they intersect in a matrix

ABC
1ImpactProbabilityRisk Level
2MediumUnlikelyLow (but calculated by the formula)

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ABCDEF
1NegligibleLowMediumHighSevere
2Almost CertainMediumHighHighExtremeExtreme
3Very LikelyMediumMediumHighHighExtreme
4LikelyLowMediumMediumMediumHigh
5UnlikelyLowLowLowMediumMedium
6RareLowLowLowLowMedium

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</tbody>

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Fluff

MrExcel MVP, Moderator
Joined
Jun 12, 2014
Messages
47,906
Office Version
  1. 365
Platform
  1. Windows
Hi & welcome to MrExcel
How about

<b>Excel 2013/2016</b><table cellpadding="2.5px" rules="all" style=";background-color: rgb(255,255,255);border: 1px solid;border-collapse: collapse; border-color: rgb(187,187,187)"><colgroup><col width="25px" style="background-color: rgb(218,231,245)" /><col /><col /><col /><col /><col /><col /><col /><col /><col /><col /><col /></colgroup><thead><tr style=" background-color: rgb(218,231,245);text-align: center;color: rgb(22,17,32)"><th></th><th>A</th><th>B</th><th>C</th><th>D</th><th>E</th><th>F</th><th>G</th><th>H</th><th>I</th><th>J</th><th>K</th></tr></thead><tbody><tr ><td style="color: rgb(22,17,32);text-align: center;">1</td><td style="text-align: right;;"></td><td style=";">Negligible</td><td style=";">Low</td><td style=";">Medium</td><td style=";">High</td><td style=";">Severe</td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style=";">Medium</td><td style=";">Unlikely</td><td style=";">Low</td></tr><tr ><td style="color: rgb(22,17,32);text-align: center;">2</td><td style=";">Almost Certain</td><td style="background-color: #FFE699;;">Medium</td><td style="background-color: #FEB0AD;;">High</td><td style="background-color: #FEB0AD;;">High</td><td style="background-color: #C00000;;">Extreme</td><td style="background-color: #C00000;;">Extreme</td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td></tr><tr ><td style="color: rgb(22,17,32);text-align: center;">3</td><td style=";">Very Likely</td><td style="background-color: #FFE699;;">Medium</td><td style="background-color: #FFE699;;">Medium</td><td style="background-color: #FEB0AD;;">High</td><td style="background-color: #FEB0AD;;">High</td><td style="background-color: #C00000;;">Extreme</td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td></tr><tr ><td style="color: rgb(22,17,32);text-align: center;">4</td><td style=";">Likely</td><td style="background-color: #A9D08E;;">Low</td><td style="background-color: #FFE699;;">Medium</td><td style="background-color: #FFE699;;">Medium</td><td style="background-color: #FFE699;;">Medium</td><td style="background-color: #FEB0AD;;">High</td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td></tr><tr ><td style="color: rgb(22,17,32);text-align: center;">5</td><td style=";">Unlikely</td><td style="background-color: #A9D08E;;">Low</td><td style="background-color: #A9D08E;;">Low</td><td style="background-color: #A9D08E;;">Low</td><td style="background-color: #FFE699;;">Medium</td><td style="background-color: #FFE699;;">Medium</td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td></tr><tr ><td style="color: rgb(22,17,32);text-align: center;">6</td><td style=";">Rare</td><td style="background-color: #A9D08E;;">Low</td><td style="background-color: #A9D08E;;">Low</td><td style="background-color: #A9D08E;;">Low</td><td style="background-color: #A9D08E;;">Low</td><td style="background-color: #FFE699;;">Medium</td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td><td style="text-align: right;;"></td></tr></tbody></table><p style="width:4em;font-weight:bold;margin:0;padding:0.2em 0.6em 0.2em 0.5em;border: 1px solid rgb(187,187,187);border-top:none;text-align: center;background-color: rgb(218,231,245);color: rgb(22,17,32)">Today</p><br /><br /><table width="85%" cellpadding="2.5px" rules="all" style=";border: 2px solid black;border-collapse:collapse;padding: 0.4em;background-color: rgb(255,255,255)" ><tr><td style="padding:6px" ><b>Worksheet Formulas</b><table cellpadding="2.5px" width="100%" rules="all" style="border: 1px solid;text-align:center;background-color: rgb(255,255,255);border-collapse: collapse; border-color: rgb(187,187,187)"><thead><tr style=" background-color: rgb(218,231,245);color: rgb(22,17,32)"><th width="10px">Cell</th><th style="text-align:left;padding-left:5px;">Formula</th></tr></thead><tbody><tr><th width="10px" style=" background-color: rgb(218,231,245);color: rgb(22,17,32)">K1</th><td style="text-align:left">=INDEX(<font color="Blue">B2:F6,MATCH(<font color="Red">J1,A2:A6,0</font>),MATCH(<font color="Red">I1,B1:F1,0</font>)</font>)</td></tr></tbody></table></td></tr></table><br />
 

Fluff

MrExcel MVP, Moderator
Joined
Jun 12, 2014
Messages
47,906
Office Version
  1. 365
Platform
  1. Windows
You're welcome & thanks for the feedback
 

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