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What do you understand about RAID in context to Project Management?

Answer»

RAID stands for RISK, Actions, Issues, and Dependencies in PROJECT management. These are extremely crucial aspects for a project manager to understand.

  • Risks are potential pitfalls that COULD have a good or negative impact on the project, causing the final product to deviate from the original design.
  • The tasks that you do during the project are referred to as actions.
  • Issues are ROADBLOCKS that you may encounter over the COURSE of the project that must be effectively resolved or the project will be derailed or fail.
  • Decisions are the actions/tasks you choose in the project.


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