![]() There are always exceptions to this rule. When talking about decisions, the recommended approach is to agree to finalize items and close discussion on them once decisions are recorded on the RAID log. The definition for decisions in terms of the RAID log is usually easier but not always clear-cut. Examples include certain signoffs, milestones, or other items that can become risks if not addressed. You want to reserve the actions for high-level project-wide activities that require additional attention. At that point, if the risk is not addressed, the timeline is impacted, and the risk becomes an issue.Īs for actions, it’s important to not duplicate your entire project plan on your RAID log. As this risk is tracked and the project approaches the August 1 deadline, the likelihood of the risk impacting the project increases until it reaches August 1. SAP) and the project plan dictates that the SAP updates need to be in place by August 1, then on June 1 this dependency would be recorded as a risk. If a OneStream project has a customer reporting requirement that is dependent on an update to the ERP system (e.g. ![]() If the egg rolls off the table, you no longer have a risk but now the issue of cleaning up a broken egg! As the egg gets closer to the edge of the table, the risk of it rolling off increases. When an egg is on a table there is a risk that it could roll off. ![]() A good way for me to remember the difference between a risk and an issue is that a risk is something that could impact a project an issue has already taken place and the project has already been affected.Īnother way I have explained this is by using the example of an egg. One common area where team members are not aligned is the understanding of the difference between a “risk” and an “issue”. Then, when you ask what the words mean in the context of project management, you may get varied answers. When you ask project team members to define the words represented in the acronym, RAID, they should be able to do it easily. In this piece, we’ll share more detail about each key and offer both guidance and recommendations. As with any tool, it’s important to use it for the benefit the team and the project. The log provides a central dashboard or view of discussion items that arise during a project and need to be recorded and tracked. One-click to change all colors to fully fit your brand’s color.As PMO teams know, a staple of any successful project management program is the “RAID log” to track and manage Risks, Actions, Issues, Decisions.5500+ Vector Icons! easily change size & color. ![]() This template is available as PowerPoint Template:ĭownload RAID Log PowerPoint Template Here> Key Features: they are visually appealing, you can easily modify color schemes, add your texts, and resize and move the shapes and icons of each slide as per your requirement. This collection of ready-to-use colorful Google Slides graphics presentations of the RAID Log Analysis For Google Slides contains 11 Creative and fully editable slides with many variations options. Based on what is identified in these four key areas, the project teams assess the impact of issues or problems that occur during an ongoing project and then create proper strategies to ensure that everyone in the team stays aligned and that the project is not negatively impacted. What is a RAID Log?Ī RAID log or RAID analysis is a project planning approach used by the project managers to identify key project (R)Risks, (A)Assumptions, (I) Issues, and (D)Dependencies. The Best collection of RAID Log Google Slides Templates and Slides to understand the basics of this powerful product planning and management tool. RAID Log Google Slides Template Designs For Presentations
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