RACI Matrix : Effective & Formal way for clarifying roles and responsibilities

RACI is an acronym that stands the four key responsibilities: Responsible, Accountable, Consulted, and Informed; also know as responsibility assignment matrix. Its a formal way for establishing role for each stakeholder especially when multiple parties or processes are involved. Responsibilties: Responsible: The person who is assigned to do the work. Accountable: The person who has …