How does the RACI framework create transparency in project management?

The RACI framework creates transparency in project management by clearly defining the roles and responsibilities of each stakeholder in a project. RACI stands for Responsible, Accountable, Consulted, and Informed. Each stakeholder knows who is responsible for a decision, who is accountable for that decision, who is consulted before the decision is finalized, and who is informed of decisions when they are made. This ensures that everyone is on the same page and can be held accountable for what they are responsible for. It also confirms that resources are rightfully allocated.

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RACI stands for Responsible, Accountable, Consulted and Informed. Under the RACI framework, roles are assigned based on who is responsible for a decision, who is accountable for that decision, who is consulted before the decision is finalized and who is informed of decisions when they are made. The purpose of RACI is to make sure all stakeholders know their responsibilities, confirm that resources are rightfully allocated, and create transparency so everyone is on the same page and be held accountable for what they are responsible for.

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Ultimate Project Management Toolbox

Have you ever wanted to run a project like Elon Musk? What about the ability to predict a project’s success like a financial analyst at Goldman Sachs?...

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