To dynamically change the color of a text box goto properties, goto font/Color and set the following expression
=SWITCH(Fields!CurrentRiskLevel.Value = "Low", "Green",
Fields!CurrentRiskLevel.Value = "Moderate", "Blue",
Fields!CurrentRiskLevel.Value = "Medium", "Yellow",
Fields!CurrentRiskLevel.Value = "High", "Orange",
Fields!CurrentRiskLevel.Value = "Very High", "Red"
)
Same way for tolerance
=SWITCH(Fields!Tolerance.Value = "Low", "Red",
Fields!Tolerance.Value = "Moderate", "Orange",
Fields!Tolerance.Value = "Medium", "Yellow",
Fields!Tolerance.Value = "High", "Blue",
Fields!Tolerance.Value = "Very High", "Green")