Risk comes from not knowing what you are doing.
Warren Buffet
If you ever ask a project manager what they are up to, they will tell you “I have no idea“. So risks are quite common in project management. That is why I made this awesome free Excel risk map template to keep track and visualize risks.

Download Risk Map Template
If you just want risk map template, click here to download it.
For more templates on Project Management, click here.
Create your own Risk Tracker & Risk Map in Excel – Tutorial
If you want to make something similar for your work situation, then follow this tutorial.
1. Set up your risk register. For this you could use Excel Tables. Just add necessary columns – Risk ID, description, impact, likelihood and any other columns you want. Here is a sample risk register. Imagine, this table is named risks

2. Make a 5×5 empty grid and color it. In a separate Excel tab, create 5×5 (or 4×4 etc.) grid and color it as per risk color coding you follow. Make sure you add the Impact & Likelihood scale. This is how it would look.

3. Write formulas to print matching risks. We can use TEXTJOIN() formula to get all the risks that have a given impact and likelihood value.
Note: TEXTJOIN() is available only in Excel 2019 & 365.
If you do not have TEXTJOIN(), please use the VBA Excel Risk Map Generator.
For example, the formula in D2 cell (Likelihood=5, Impact=1) would be,
="• " & TEXTJOIN(CHAR(10)&"• ",TRUE, IF(risks[Likelihood]=$C2,IF(risks[Impact]=D$7,risks[Title],""),""))
This is an array formula, so press CTRL+Shift+Enter to get the result.
How does this formula work?
- We use two nested IF conditions to check if risks[Likelihood] and risks[Impact] matches $C2 and D$7 respectively.
- If they both match, we get risks[Title], else blank space “”
- We then pass this resulting array to TEXTJOIN() which combines all the matching risks with the CHAR(10)bulletspace.
- We add an extra bulletspace at start for the first risk (as TEXTJOIN will only print bullet symbol between risks, but not at front)
- CHAR(10) is the newline symbol. So when you word wrap the cell, Excel prints each risk in a new line.
What about cells with no risks? Would they not print a bullet point?
You are right my dear. We can use conditional formatting to suppress such cells. We can set the cell format code ;;; to those cells.
Related: Make cell value disappear with custom format codes
How to make this template – Video
Please watch this video tutorial to learn how the template is constructed. You can use the ideas to make something similar for your work easily.
Download Risk Map Template
- FREE Risk Map Template – works in Excel 365, 2019 with TEXTJOIN
- Excel Risk Map Generator – uses VBA, works in most versions of Excel
- Project Management Templates – 24 templates to help you manage projects better.













26 Responses to “Get busy this weekend, with OR XOR AND [Excel Homework]”
first solution for AND
The two numbers are in A1 and B1
= SUBSTITUTE (SUBSTITUTE (A1+B1*9*9, 9, 1), 8, 0)
regards
Stef@n
next solution for OR
=1*SUBSTITUTE (A1+A2;2;1)
regards
Stef@n
last solution for XOR
=1*SUBSTITUTE (A1+A2;2;0)
regards
Stef@n
Or you could make use of the VBA logical operators!
Define the following as custom functions
Public Function BITXOR(x As Long, y As Long)
BITXOR = x Xor y
End Function
Public Function BITAND(x As Long, y As Long)
BITAND = x And y
End Function
Public Function BITOR(x As Long, y As Long)
BITOR = x Or y
End Function
and then use them such:
A B =BITOR(A,B) =BITAND(A,B) =BITXOR(A,B)
0101 0100 0101 0100 0001
an another solution for AND
=1*SUBSTITUTE (SUBSTITUTE (A1+A2;1;0);2;1)
note:
the binary numbers are in A1 and A2 !
regards
Stef@n
I was obviously playing hooky at the beach during the bit-wise math lesson – you lost me at “Understanding bit-wise operations” 🙂
After looking at the above solutions, I find my solution silly, but still:
For the following formulae,
Row 1: headers,
Row 2: OR
Row 3: AND
Row 4: XOR
Column 1: Input 1
Column 2: Input 2
Column 3: Result
OR
{=SUM(IF(MID(A2,ROW(OFFSET($A$1,0,0,LEN(A2),1)),1)+MID(B2,ROW(OFFSET($A$1,0,0,LEN(B2),1)),1)>0,1,0)*10^(LEN(A2)-ROW(OFFSET($A$1,0,0,LEN(B2),1))))}
AND
{=SUM(IF(MID(A3,ROW(OFFSET($A$1,0,0,LEN(A3),1)),1)+MID(B3,ROW(OFFSET($A$1,0,0,LEN(B3),1)),1)=2,1,0)*10^(LEN(A3)-ROW(OFFSET($A$1,0,0,LEN(B3),1))))}
XOR
{=SUM(IF(MID(A4,ROW(OFFSET($A$1,0,0,LEN(A4),1)),1)+MID(B4,ROW(OFFSET($A$1,0,0,LEN(B4),1)),1)=1,1,0)*10^(LEN(A4)-ROW(OFFSET($A$1,0,0,LEN(B4),1))))}
@Anup
Please don't consider your solution silly
Firstly, You are the 3rd person to submit an answer
Secondly, The best formula/function is the one that you know and understand.
I think I have a very tedious solution, which people won't have the patience to do except in small numbers.
I used the same problem setup as "Anup Agarwal"
AND =IF(AND(MID(B2,1,1)="1",MID(C2,1,1)="1"),1,0)&IF(AND(MID(B2,2,1)="1",MID(C2,2,1)="1"),1,0)&IF(AND(MID(B2,3,1)="1",MID(C2,3,1)="1"),1,0)&IF(AND(MID(B2,4,1)="1",MID(C2,4,1)="1"),1,0)
OR =IF(OR(MID(B3,1,1)="1",MID(C3,1,1)="1"),1,0)&IF(OR(MID(B3,2,1)="1",MID(C3,2,1)="1"),1,0)&IF(OR(MID(B3,3,1)="1",MID(C3,3,1)="1"),1,0)&IF(OR(MID(B3,4,1)="1",MID(C3,4,1)="1"),1,0)
=IF(OR(AND(MID(B4,1,1)="1",MID(C4,1,1)="0"),AND(MID(B4,1,1)="0",MID(C4,1,1)="1")),1,0)&IF(OR(AND(MID(B4,2,1)="1",MID(C4,2,1)="0"),AND(MID(B4,2,1)="0",MID(C4,2,1)="1")),1,0)&IF(OR(AND(MID(B4,3,1)="1",MID(C4,3,1)="0"),AND(MID(B4,3,1)="0",MID(C4,3,1)="1")),1,0)&IF(OR(AND(MID(B4,4,1)="1",MID(C4,4,1)="0"),AND(MID(B4,4,1)="0",MID(C4,4,1)="1")),1,0)
Sorry my last post was totally messed up
AND
=IF(AND(MID(B2,1,1)="1",MID(C2,1,1)="1"),1,0)&IF(AND(MID(B2,2,1)="1",MID(C2,2,1)="1"),1,0)&IF(AND(MID(B2,3,1)="1",MID(C2,3,1)="1"),1,0)&IF(AND(MID(B2,4,1)="1",MID(C2,4,1)="1"),1,0)
OR
=IF(OR(MID(B3,1,1)="1",MID(C3,1,1)="1"),1,0)&IF(OR(MID(B3,2,1)="1",MID(C3,2,1)="1"),1,0)&IF(OR(MID(B3,3,1)="1",MID(C3,3,1)="1"),1,0)&IF(OR(MID(B3,4,1)="1",MID(C3,4,1)="1"),1,0)
XOR
=IF(OR(AND(MID(B4,1,1)="1",MID(C4,1,1)="0"),AND(MID(B4,1,1)="0",MID(C4,1,1)="1")),1,0)&IF(OR(AND(MID(B4,2,1)="1",MID(C4,2,1)="0"),AND(MID(B4,2,1)="0",MID(C4,2,1)="1")),1,0)&IF(OR(AND(MID(B4,3,1)="1",MID(C4,3,1)="0"),AND(MID(B4,3,1)="0",MID(C4,3,1)="1")),1,0)&IF(OR(AND(MID(B4,4,1)="1",MID(C4,4,1)="0"),AND(MID(B4,4,1)="0",MID(C4,4,1)="1")),1,0)
@stefan,
I just couldn't get your solutions to work.
01010101010 + 01010101110 = 02020210120
what am i doing wrong?
@anup
...I got yours to work!
@Stephen - I get the same, but Stef@an's second solution for AND does work (at least for the test cases I used)
@ Stephen / Rich
yes , you are right ! - only this works:
OR
=1*SUBSTITUTE (A1+A2;2;1)
XOR
=1*SUBSTITUTE (A1+A2;2;0)
AND
=1*SUBSTITUTE (SUBSTITUTE (A1+A2;1;0);2;1)
@Stef@n - You're answer is really smart, I never knew about the substitute function before. Great Work!
Thx Michael 🙂
yes - it is simply easy 😉
if you add 1 and 1 - excel calculate 2
and then you have to substitute the 2 - new = 0 respectively 1
Here is a good resource for people wanting to learn binary and hexadecimal.
http://justwebware.com/bitwise/bitwise.html
Three that weren't asked for:
NOT
=SUBSTITUTE(SUBSTITUTE(SUBSTITUTE(A1+A2,0,3),1,0),3,1)
EQV
=SUBSTITUTE(SUBSTITUTE(SUBSTITUTE(SUBSTITUTE(A1+A2,0,3),2,3),1,0),3,1)
IMP
=SUBSTITUTE(SUBSTITUTE(A1+SUBSTITUTE(SUBSTITUTE(SUBSTITUTE(A2,0,3),1,0),3,1),0,1),2,0)
(was using Daniel Ferry's bitwise file to verify against)
@ Kyle
Not only takes one parameter and inverts 0 -1 and 1-0
Took out the +A2
=SUBSTITUTE(SUBSTITUTE(SUBSTITUTE(A1,0,3),1,0),3,1)
Great solutions!
I'll add two:
NAND =1*SUBSTITUTE (A1+A2,2,0)
NOR=1*SUBSTITUTE(SUBSTITUTE (SUBSTITUTE(A1+A2,0,2),1,0),2,1)
This will work for binary numbers of any size (although the text format mask will have to have as many zeroes as there are digits in the longest addend)
Assume binary #s are in C35 & C36, then add and format as text in C37:
=TEXT(C36+C35,"000000000000")
-sum- = 101112211112
AND - SUBSTITUTE 0s for 1s in -sum-, then sub 1s for 2s
=SUBSTITUTE(SUBSTITUTE(C37,"1","0"),"2","1")
OR - sub 1s for 2s in -sum-
=SUBSTITUTE(C37,"2","1")
XOR - sub 0s for 2s in -sum-
=SUBSTITUTE(C37,"2","0")
Just wandered by:
AND:
=SUBSTITUTE(A1+A2,1,0)/2
Clever, Shane. I like that.
[…] post http://www.excelhero.com/blog/2010/01/5-and-3-is-1.html for examples using Sumproduct, and http://chandoo.org/wp/2011/07/29/bitwise-operations-in-excel/ for examples using Text […]
Hi Chandoo,
I am not (yet) really into bitwise calculation, but I am looking for a way to speed up my vba calculation with very big numbers. Would is ben convenient to use bitwise notation for this?
Best regards,
Ronald (the Netherlands)
p.s. love your country!
@Ronald
I'd suggest asking this in the Chandoo.org Forums
https://chandoo.org/forum/
Attach a sample file with an example of some data and describe what you want to achieve