What is a RAID Log?

I want to manage project risk, and I have heard about a RAID Log. What is it?

Answer

RAID is an acronym that stands for Risks, Assumptions, Issues, Dependencies. A RAID Log is a document that Project Managers use to track Risks, Assumptions, Issues and Dependencies for their project.

By . Published: 2019/06/21 6:06:19 PM, Last Updated: 2019/06/21 6:09:36 PM

More detail

Normally, there are lots of Risks, Assumptions, Issues and Dependencies in a project. So, project managers use a RAID Log to keep track of these items, and track associated owners and changes over time.

  1. RISKS – These are negative impacts that may happen, that will have a bad effect on your project. Risks are often scored by Likelihood and Impact.
  2. ASSUMPTIONS – These are items that you believe will happen.
  3. ISSUES – These are problems that are currently happening. Risks can become issues.
  4. DEPENDENCIES – These are things or processes that your project is reliant on.

Many project managers use a RAID Log to track the RAID items each week. In complex projects and programmes of work this activity is essential to ensure that items are not forgotten or neglected.

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FAQ Created: 2019/06/21 6:06:19 PM, Last Updated: 2019/06/21 6:09:36 PM By .