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Project Task risk

I have project where my manager ask me that ka let us know is this project is in RISK OR NOT if task in risk so we need to show as in colours
I want this in Power BI will be great .. bt excel wil b oky Red mean high Risk
Orange means Medium Risk
Green means Task going Smoothly
y manger told me that use Status and daily plan progress which i thin wrong
we need dates i think I have no experience in project management if any one know please help me which columns need to take to get the Risk prioritises


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