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Default Function help

This is my first post here because I have a problem that I cannot solve. I
don't have a lot of experience with Excel so this may be a simple fix, so
here goes--

I have a worksheet that has tasks on it and what I would like to do is add a
column (which will be column J) and in that column, what I want to be able to
do is go in and type just an I for In Progress (Yellow), C for Completed
(Green) and NA for Not Applicable (Red). I am not sure if it can be done
but I think I would like to type the "I" and have In Progress come up in
yellow and so forth. I believe it is an IF statement but I have been working
on this for days now so I think I need a little help to get through this one.

If there is an easier way to do this, please let me know.

Thanks so much in advance for any help you can give.

 
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