1

I have a List containing a Calculated Field, "Risk Priority", which is calculated using the formula:

=IF( ISBLANK([Internal Control Score])
     ,Impact*Probability
     ,Impact*Probability*[Internal Control Score]
   )

So if no "Internal Control Score" has been entered, "Risk Priority" is the product of "Probability" * "Impact"; if an "Internal Control Score" has been entered, then the "Risk Priority" is reduced accordingly. So far, so straightforward.

However, there is now a business requirement to display the resulting "Risk Priority" as a text value - Low for Risk Priority scores of less than 4, Medium for values of 5 to 12, and High for values over 12. This is the bit I don't know how to do without adding an additional "Display Risk Priority" column to the list. I'd also like to avoid CSR or JSlink.

2 Answers 2

1

Try this:

=IF( ISBLANK([Internal Control Score])
     ,IF( Impact*Probability<=4
          ,"Low"
          ,IF( AND(Impact*Probability>4,Impact*Probability<=12)
              ,"Medium"
              ,"High"
             )
        )
     ,IF( Impact*Probability*[Internal Control Score]<=4
         ,"Low"
         ,IF( AND(Impact*Probability*[Internal Control Score]>4
                  ,Impact*Probability*[Internal Control Score]<=12)
             ,"Medium"
             ,"High"
            )
        )
   )

It takes the calculated Risk Priority and based on the criteria you specified in your question, shows Low, Medium or High.

I haven't been able to test this so you may need to do some debugging, but I hope it sets you on the right path.

1

Note that

Impact * Probability * IF([Internal Control Score],[Internal Control Score] , 1 )

gives you the calculation in one statement

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service and acknowledge that you have read and understand our privacy policy and code of conduct.

Not the answer you're looking for? Browse other questions tagged or ask your own question.