Conditional formatting - format changes by variables change

Summary:

Is there a way to apply conditional formatting based on the value of a variable in a cell?

Content (please ensure you mask any confidential information):

For example, when my forecast model month is set to May, I would like the cell values corresponding to May and June to change to blue or any other color. Is there a way to apply conditional formatting to achieve this?

Version (include the version you are using, if applicable):

Oracle Narrative Reporting