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Default Conditional Formatting with 4 or more conditions

assuming your current cell format pattern is gray

as per order of your preference

format Conditional formatting

1. formula is : [type] =OR($C$11="AWARDED",$C$11="HIGH",$C$11="LAUNCHED")
choose format patterngreenclick add
2. cell value is :[type] MEDIUM
choose format patternyellowclick add
2. cell value is :[type] LOW
choose format patternred

happy holiday
 
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