Project risk levels can be effectively represented in charts by using a variety of chart types. For instance, a heat map can be used to represent the risk levels of different aspects of a project, with colors indicating the level of risk. A bullet chart could be used to represent the risk level against a target risk level. A thermometer chart could be used to represent the current risk level against the maximum tolerable risk level. It's important to choose a chart type that best represents the data and is easily understandable by the audience.
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Instead of sales numbers and reps, these headings could be changed to visualize anything, like a project's risk levels from "intolerable" to "acceptable", or a company's "actual" monthly expenses against its "budgeted" monthly expenses for multiple months. By the way: the Thermometer charts look better on Excel over Google Sheets, so if you plan to share these charts with external stakeholders... just saying!
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