What is the third component of a RACI matrix?

In a RACI matrix, the third component is 'Consulted.' This term refers to the individuals or groups whose opinions are sought during the execution of a task or decision-making process. They provide valuable insights and feedback but are not responsible for the actual execution of the task. Their role is more about collaboration and providing expert advice, which is essential for informed decision-making.

When creating a RACI matrix, it's important to clarify who falls into the 'Consulted' category, as it helps ensure that all necessary input is gathered before making critical decisions or proceeding with a project. This component underlines the importance of communication and feedback loops in business analysis, ultimately leading to more collaborative and effective results.