Nested IF(AND OR(IF(AND Statement
I am trying to identify which projects need committee review vs those that can be autoapproved.
I have 5 columns with the following selections:
 Currently Underway?  Checked/Unchecked (I want values that are unchecked/=0)
 Helper  Timeline  Returns Yes/No based on formula. (I want values that = Yes")
 Helper  Count of Selections  Formula that returns number of selections made in another cell. (I want selections >1)
 Projected Capital/Expense Costs  Text/Number Field (I am looking for values > 500,000)
 Helper  Fast Tracked  Formula that returns "Fast Tracked" or "Standard". (I want those that are standard to require committee approval)
**The trick is that the project must not be underway and at least 2 of the other columns must meet the criteria. I've created about 100 formulas already and most return incorrect argument/unparsable. The below formula runs, but isn't returning the correct value.
=IF(AND([Helper  Timeline]@row = "Yes", [Helper  Count of Selections]@row > 1), "Requires Committee Review", IF(AND([Helper  Timeline]@row = "Yes", [Projected Capital/Expense Costs]@row > "500,000"), "Requires Committee Review", IF(AND([Helper  Timeline]@row = "Yes", [Helper  Fast Tracked]@row = "Standard"), "Requires Committee Review", IF(AND([Helper  Count of Selections]@row > 1, [Projected Capital/Expense Costs]@row > "500,000"), "Requires Committee Review", IF(AND([Helper  Count of Selections]@row > 1, [Helper  Fast Tracked]@row = "Standard"), "Requires Committee Review", IF(AND([Projected Capital/Expense Costs]@row > "500,000", [Helper  Fast Tracked]@row = "Standard"), "Requires Committee Review", "AutoApproved"))))))
Comments

Thought I should type this out to explain it, as it is usually a pain to read through if statement, especially nested ones with AND statements.
Start the IF Statement
=IF(
Start AND Statement. This AND only has 2 criteria
AND(
First criteria is that the currently underway has to be 1.
[Currently Underway]@row = 1,
The second and last criteria for the and statement is a group of if statements for your different criteria. Each returns a 1 if the criteria is met, and a 0 if the criteria is not met, then they are all added together
IF(Timeline@row = "Yes", 1, 0) +
IF([Count of Selections]@row > 1, 1, 0) +
IF([Projected Capital]@row > 500000, 1, 0) +
IF([Fast Tracked]@row = "Standard", 1, 0)
If the number of if statements above is greater than or equal to 2, then return true. else return false
>= 2), 1, 0)

The only change I would make would be the first AND criteria
[Currently Underway]@row = 0
.
OP listed criteria as being NOT underway.
The thought process behind it though using the IF inside of the AND to create a running count of true's... This is actually rather brilliant! Nicely done!

Ah I misread that. Thanks

This solution is actually a boiled down version of some really complicated weighted mean formulas I've done for some finance type sheets. The concept is the still the same though. My favorite part about this is how easy they are to edit when you build them this way. It isn't a problem to add, delete, or edit criteria as every single one of them is only in one location in the formula.

You all are AMAZING! I spent way more time on this than necessary and actually was rather close yesterday, but missed the >=2!
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