create a RAID document
Answers
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Great forum, I'm a new user. I'm trying to create a RAID document and want to use a formula of Impact and Probability ratings to calculate the Risk Rating. Each rating has values of Low, Medium and High with values of 1,2,3. So a Low Impact and High Probability would have a Risk Rating of 3, but a High Impact and Medium Probability would be 6, basically multiplying the values together. I'm getting #UNPARSEABLE in my simple IF statement =If([Impact]@row=Medium),"2","3"), so before I try to create this monster IF/THEN, I thought I should check to see if it is possible. Thanks in advance. Mark
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=IF(impact@row = "Medium", 2, 3)
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The formula should have quotes around "Medium", and you have an extra closing parenthesis after "Medium" that needs removed.
=If([Impact]@row="Medium","2","3")
Really you shouldn't need a "monster" if Statement. We could use a nested IF for the impact and a nested if for the probability then multiply them together.
=IF(Impact@row = "Low", 1, IF(Impact@row = "Medium", 2, 3))
=IF(Probability@row = "Low", 1, IF(Probability@row = "Medium", 2, 3))
Then multiply them together:
=IF(Impact@row = "Low", 1, IF(Impact@row = "Medium", 2, 3)) * IF(Probability@row = "Low", 1, IF(Probability@row = "Medium", 2, 3))
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