![]() ![]() Make the RAID Log easily available in a central location so that it can be used collaboratively by all key stakeholders (unless there's something confidential or sensitive information on it, of course!).Put the "RAID Log Update" as an item of your project meetings agenda and go through it with your team.It should be continually updated as changes occur or more information is gained. The RAID Log is a living document and should not be something you use at the beginning of the project and then store away.Useful for auditing purposes (internal or external). ![]() ![]() Creates a sense of ownership by inviting all members of the project team to contribute to the identification of new areas of concern.Enables accountability for mitigating actions, which is where risks and issues usually fall through the cracks.Brings focus, as it serves as an aide-memories to give appropriate attention to each area, ensuring that areas that are typically overlooked, such as assumptions, are not forgotten.Gives confidence to key stakeholders that the project is being closely monitored, resulting from information visibility.Makes the information easier to store and retrieve, as the different logs are combined into a single document (and is always a better option rather than keeping everything in your head!).Keeps your project organized and on track as all information is centralized, making it easier to monitor and control project status.Dependencies: links between projects, work packages, or deliverables that, if delayed, will impact the project.Issues: risks that have materialized or any problems incurred which impacted the project.Assumptions: beliefs that are accepted as true, which, if proven invalid, will have an effect on the project.Risks: uncertain events which may have an impact on the project, either positive (opportunity) or negative (threat).Let’s understand the RAID components in detail: icon-chevron Resource and Capacity Plans.Resource and Capacity Plans icon-chevron Expand submenu.Project Management Concepts icon-chevron.Project Initiation icon-chevron Expand submenu.PMO Starter icon-chevron Expand submenu.Disaster and Recovery ( DR) icon-chevron.icon-chevron Benefits Realization Management.Benefits Realization Management icon-chevron Expand submenu. ![]()
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