Need a formula for Business Impact Assessment

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Hi There,

I'd like to determine Priority based on Impact + Urgency/Probabiliy. Each using symbols (High Medium, Low)

Does anyone have a formula I could use which will consider both entries for Impact + Urgency which can give me a result in Priority?

Based on where they meet in the table below.

Can anyone help me with a foruma to achieve this please?


Best Answer

  • Paul Newcome
    Paul Newcome ✭✭✭✭✭✭
    Answer ✓
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    Try this:


    =IF(OR(AND(Impact@row = "High", Likelihood@row = "High"), AND(Impact@row = "High", Likelihood@row = "Medium"), AND(Impact@row = "Medium", Likelihood@row = "High")), "High", IF(OR(AND(Impact@row = "High", Likelihood@row = "Low"), AND(Impact@row = "Medium", Likelihood@row = "Medium"), AND(Impact@row = "Low", Likelihood@row = "High")), "Medium", "Low"))

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