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Solution needed for mathematical problem

  1. #1
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    Solution needed for mathematical problem

    I have a risk asssessment sheet that I am working on to try and convert it so that instead of inputting data manually there are less data inputs and more formulas do the calculating.
    Problem 1:
    I have 5 columns of number data. The first column has a range of 1 low risk - 5 high risk (Likelihood)

    RISK ASSESSMENT
    L Severity (S) R
    P C E I (L x S)
    2 2 1 1 1 10

    The next four coulmns (severity) also have a range of 1-5 also and represent different parts of the business that is at risk, P= People, C=Cost, E=Environment, I= Image

    The current sheet does not hold true to the matrix offered e.g., it a a 5 x 5 matrix so the highest score you can get is 25 and the various combinations in between.

    The numbers are entered manually at present and the user has told me that they add up the severity totals and multiply it by the likelihood (example above). I pointed out to him that it only works if the figures are low and fall between 2-25, after that the calculation falls down. He then told me that if the figures total up too much to use just the highest value in the severity column and multiply it by the likelihood. As you can see it is a bit of a mess.
    So, if possible I would like to have a formula that picks the highest severity number and multiply's by the likelihood number.

    Any ideas or assistance would be gratefully received.

    William
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    Last edited by William50; 07-30-2014 at 09:21 AM.

  2. #2
    Forum Moderator Glenn Kennedy's Avatar
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    Re: Two problems with a matrix I need help on

    Can you post an example sheet? It would be quicker than reconstructing what you have described...
    Glenn




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    Forum Guru sktneer's Avatar
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    Re: Two problems with a matrix I need help on

    Hi William50,
    Welcome to the Forum.

    Unfortunately your post does not comply with Rule 1 of our Forum RULES. Your post title should accurately and concisely describe your problem, not your anticipated solution.

    Use terms appropriate to a Google search. Poor thread titles, like Please Help, Urgent, Need Help, Formula Problem, Code Problem, and Need Advice will be addressed according to the OP's experience in the forum: If you have less than 10 posts, expect (and respond to) a request to change your thread title. If you have 10 or more posts, expect your post to be locked, so you can start a new thread with an appropriate title.

    To change a Title go to your first post, click EDIT then Go Advanced and change your title, if 2 days have passed ask a moderator to do it for you.

    (This thread should receive no further responses until this moderation request is fulfilled, as per Forum Rule 7)
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    Re: Two problems with a matrix I need help on

    Dear sktneer
    I hope the title now reflects the rules of the forum and you will allow futher posts

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    Forum Guru sktneer's Avatar
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    Re: Solution needed for mathematical problem

    Thanks for changing the Thread Title.

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    Re: Solution needed for mathematical problem

    Hi Glenn
    Thanks for the offer, I have posted the sheet on my original thread after being told off I did not meet the posting rules, but I have worked it out now by using the "large" function.
    There is one more thing I would like to do but I will post a new thread.

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