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On the Ribbon, go to Risks > Format Risk Matrix. The Format Risk Matrix dialog opens.
We recommend that you set up your color palette first. You can defined your custom palette in the Custom colors. To add a color, double-click on any cell in the Risk Matrix. The Color dialog box opens. Now, click on an empty Custom Color box and either select a color from the Basic colors or define them using the color options on the bottom right of the dialog box.
Once you have defined the colors, click the Add to Custom Colors button. The color will appear in the selected box. In the example below, we have created a 3 color palette.
Now to apply the color to the cell, select the color and click OK.
Repeat for all cells in the matrix.
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