📚 Project Vocabulary: RAID Log 📊

📚 Project Vocabulary: RAID Log 📊

Definition: A project management tool used to track Risks, Assumptions, Issues, and Dependencies throughout the project lifecycle.

Example: In a new product development project, the RAID log would be a central place to record identified risks (e.g., potential supply chain disruptions), assumptions (e.g., market demand projections), issues (e.g., a delay in prototype testing), and dependencies (e.g., reliance on an external vendor for a key component).

The RAID log is like a project’s early warning system, alerting us to potential storms on the horizon. 🌩ī¸đŸš¨

#RAIDLog #RiskManagement #ProjectPlanning #AcutePMC #newproduct #projectionissues #vocabulary

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