Nested IF/AND formula

Kenia Cevallos

I am new to smartsheets and I am having a hard time with a formula, hopefully someone can help me. 

I am trying to create a formula that will indicate the status of a task based on the following condition:

1. whether the task is completed or action is required
2. whether the task is at risk or not

To conclude this is what I want: 

1. At risk + Action Required = Red

2. At risk + No action required = Red

3. risk is blank + action required = Yellow

4. risk is blank + completed = Green

 

The risk column is either empty or has values that say yes.

The notes column states either completed or action is required. 

 

Below is the formula I have, but I get #unparseable. Any help is very much appreciated. 

 

=IF(AND(Risk2 = "Yes", Notes2 = "Action Required"), "Red", "Yellow")IF(AND(ISBLANK(Risk)2, Note2 = "Completed"), "Green", "Yellow"))

 

Brian W

Here is one way to do it:

=IF(ISBLANK(Risk2), IF(Notes2 = "Completed", "Green", "Yellow"), "Red")

Risk is not blank = Red

Risk is Blank/Notes is Completed = Green

Risk is Blank/Notes is anything but Completed = Yellow