Your description and labels are a little confusing. You said you tested the CPU and Motherboard and they work. How did you test those?
Then you say that it must be one of 3 things: either the RAM, the processor, or the controller. Isn't the processor the CPU (that you said you tested)? If not, then what "processor" are you referring to? Also, why could it not be the video adapter or PSU that's causing the problem? Why just those 3 things?
Then you say that there's no light when you plug the computer in. But you fail to mention if you can hear the computer powering on (fan noise, any beeps, etc). Is it dead silent when you plug it in...or does it make noise but just no light at the front? These are important facts to know to give you accurate suggestions.
Finally...you mention that the CPU doesn't have a switch. I've never seen any CPU come with a switch. All CPU's get inserted in their respective CPU slots (ZIF sockets usually). There's never been a "switch" for CPU's. What switch are you talking about?
I'm not trying to be a smart aleck...I just want more accurate info to help you better and not waste time with irrelevant suggestions.
ADDITIONAL DETAILS:
Thanks for supplying more info. I would say that the problem is either a faulty PSU or a faulty Motherboard. Even though you are getting a green light on the Motherbaord, doesn't mean that the Motherboard is okay, or that the PSU is working 100% correctly. Also, is the internal PWR wire plugs connected to the correct PWR pins on the Motheboard (the pins near the Reset and HD LED, etc)? I'm talking about the wire that goes from the power button of the case, into the PWR pins on the motherboard...nothing to do with actual PSU power plugs. If that's not the problem...then we're back to a faulty PSU or faulty Motherboard. The cheaper test would be to change the PSU first to see if the problem is resolved. If not...then it's the Motheboard, and probably not worth fixing since it's a proprietary piece of hardware that Dell will charge you like it's made out of gold.