0 ratings0% found this document useful (0 votes) 39 views6 pagesTraffic Light Widget Steps
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content,
claim it here.
Available Formats
Download as PDF or read online on Scribd
Home » Visualization » Traffic Light Widget
Traffic Light Widget
Last Updated on: September 2, 2022
Learn how to use traffic lights in Excel! Traffic lights are built for performance tracking and
enable you to display project status effectively.
In most cases, it's not easy to create a native traffic light in Excel. Instead, you can use
conditional formatting, shapes, named ranges, and linked pictures; if you are not ina
hurry. As always, manual chart preparation is a time-consuming task for Excel users.
Furthermore, this method is a bit risky; you should avoid misspelled formulas, incorrect
data inputs, etc.
It's time to find a new way to build this infographic. To automate repetitive and routine
tasks -like building a custom chart type — we'll use VBA because it is powerful
What are the benefits of using a Traffic Light Widget?The answer is simple. Take a closer look at the example below!
. TRTENPLATE +
Insert Page Layout’ Formulas Data Review View —Beveloper raf Light
sc ight
Wwaiget
ror : fe
A e K . E F 6 # 1 1 k L
stmms%
Project] 1
4 Project 2 2295
s Project 2 229%
6 Project 4 44%
7 Project 5 30%
8 Projets 79%
9 Project 7 298
0 Projects 73% a
1 Project 9 13%
Project 10 on Project Project2 Project 3
Traffic lights provide an immediate result of that KP!’'s status. Check the details under the
hood!
You can measure the most wanted key performance indicators. Last but not least, using
widgets, you can build a dynamic dashboard in Excel.
A traffic light is a key element of project management templates. Okay, let us see how to
expand Excel's chart capabilities in seconds!
What is RAG reporting?
A simple reporting solution based on red, amber, and green tells you information. if the
traffic light is red, you have an alert! If the indicator is amber, you need to pay more
attention. Finally, ifthe signal is green, the project is on track.
For example, try to assign a KPI a threshold level of 80% for an amber score and a 90%
threshold for a green score. Under 80%, the status remains red
How to use the Add-First, install the add-in; you'll find it on the ribbon:
=
Widget
fut
Insert a new widget
If you want to insert a new graph, do the following:
Then, click on the widget icon!
Anew window appears with some useful settings. Let's see the details:
Projecstatus 85%
Zoned
cha Yale
der
1. Add a name, for example, ‘Project-1'
2. Select the number format. The best choice is to use the percentage format.
3. Colors and zones play an important role. For example, you can define the maximum
and minimum points for the traffic lights. Furthermore, use the color picker function
to change the default colors.
4. Select the actual value. Click browse and add cell C3. The value is linked to the chart
widget and is almost ready to use.5. If you want to change the default widget style, change the border color,
background color, or text color.
6. Finally, click the ‘Create’ button.
7. Your traffic light widget is ready to use.
Edit a traffic light
Let's assume that you need to customize the widget. To do that, click on the icon on the
ribbon. Next, locate the Chart Manager area on the right-side of the userform.
Select the widget that you want to modify.
Add new thresholds for Zone1 to Zone3; it can take seconds. If everything looks great,
click the update button.
uo
THEE em et reget forms a peewee —_ nal ght
g
“ofc ight
wget
oot
a) we N
1|
2] oon Set
3 | Projecestaus 65%
4 ei me
al a] a
7 ==] mea
al peusivaue | sheetusess |
0 re J ou Mo
a a a
If you want to change the actual value, you don't have to use this window. Instead, modify
the cell value, and the traffic light will show the new value. That's all
Download the add-in and stay tuned. Check our add-ins page!ional resources:
* Excel Chart Templates
Category: ili Visualization
Istvan Vozar
Istvan is the co-founder of Visual Analytics Ltd. He writes blog posts and helps
people to reach the top in Excel.
jate Dashboard Tools
é
© N
Be
ScoreMeter ScoreMeter Variance
ao oe
:
iil Gd ell
Veiinee’Ywioce —Yolance Water
ee ee
a =
=I =
Neko TeMip Gant Og
Chat Chota
Pro Dashboard Add-in for Excel. Fully automated. Lightweight. No coding skills required.Get it now
Topics
Formulas
Functions
Excel Dashboard
Shortcuts
Excel Tables
Data visualization in Excel
Privacy Policy Terms of Service Refund Policy Contact us About Us
© 2019-2022. ExcelKid is a trademark of Visual Analytics Ltd.