Add a Color-Coded Risk Rating Field in Assets

On Assets we have taken the decision rightly or wrongly to add a risk rating. This will be

We want this to link with the Asset type and then start to build this into a system where we aim to ensure a sequence of inspections aimed at

High to Low.

Is there a way where an Asset field can be created where we can add a COLOUR in the Asset field denoting the RAG risk?

This is just a visual we want so that we start prioritising within the SC Asset structure?

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