formula to automate a return not working (2)

Hi,

I'm stuck once again with a slightly different formula, maybe you could help?

Following up from the above set of possibilities, the ACTION column should return one of the following options:

SELECT RISK SEVERITY - when no option has been previously entered (=default setting)

OK TO PROCEED (if risk severity is either Very low or Low)

TAKE MITIGATION EFFORTS (if risk severity is Medium)

SEEK SUPPORT (if risk severity is High)

PUT EVENT ON HOLD (if risk severity is Very high)

and so the formula I have entered is:

=IF(OR(Impact16 = "-Select-", Likelihood16 = "-Select-"), "SELECT RISK SEVERITY AND LIKELIHOOD", IF(AND(OR(Rating16 = "Very low", Rating16 = “Low”) "OK TO PROCEED", IF(Rating16 = "Medium", "TAKE MITIGATION EFFORTS", IF(Rating16 = "High", "SEEK SUPPORT", IF(Rating16 = “Very high”, "PUT EVENT ON HOLD"))))

and it says Unparseable...

What am I doing wrong?

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