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In this tutorial, viewers are guided on creating a checklist in Excel by adding checkboxes. The process begins with enabling the Developer tab in the ribbon by right-clicking the menu, selecting "customize ribbon," and checking the Developer option. Once the Developer tab is visible, users can insert checkboxes from the form controls by clicking on "insert" and then drawing a checkbox in a chosen cell, such as C5. The tutorial emphasizes that checklists can help track activities and can be effectively used in dashboards within Excel.