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)

<tbody>
</tbody>


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

<tbody>
</tbody>

<tbody>
</tbody>
 

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How about


Excel 2013/2016
ABCDEFGHIJK
1NegligibleLowMediumHighSevereMediumUnlikelyLow
2Almost CertainMediumHighHighExtremeExtreme
3Very LikelyMediumMediumHighHighExtreme
4LikelyLowMediumMediumMediumHigh
5UnlikelyLowLowLowMediumMedium
6RareLowLowLowLowMedium
Today
Cell Formulas
RangeFormula
K1=INDEX(B2:F6,MATCH(J1,A2:A6,0),MATCH(I1,B1:F1,0))
 
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You're welcome & thanks for the feedback
 
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