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Flag Based on Field Values

Question asked by CindyK on Nov 6, 2012
Latest reply on Nov 6, 2012 by prasad.t
We want to be able to set a flag or field in a project change request to state that a change board review is required. This flag is to be set based on values such as is there a scope change (attribute with a look-up yes/no, if yes, set flag that review is required), is the schedule % increase and budget % increase greater than 15% - if so set flag to yes.

Does this require a process to set this flag/field or can someone direct me to what functionality I can use to look at these fields and make this determination?

Thanks much!