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The video tutorial demonstrates how to use symbols and color coding to highlight tasks past deadline using conditional formatting. The presenter organizes a project time plan with tasks, start date, working days, and end date calculated using the workday function. Symbols are added to indicate completed, overdue, and upcoming tasks based on the current date. The goal is to provide a visual representation of task status at a glance. To automate the process, Excel is set to input today's date each time the workbook is opened.