Which of the following are components of a RACI matrix?

The RACI matrix is a project management tool used to clarify roles and responsibilities within a project or organization. The acronym RACI stands for Responsible, Accountable, Consulted, and Informed. Each component plays a critical role in defining how tasks and responsibilities are allocated:

• Responsible refers to the individual or team tasked with completing a specific activity or deliverable. This is the person who performs the work.

• Accountable designates the person ultimately answerable for the correct and thorough completion of the deliverable or task. This individual ensures that the task is done correctly and may oversee multiple people who are responsible.

• Consulted includes those whose opinions are sought, typically subject matter experts. They provide input and feedback on the task but are not directly responsible for its completion.

• Informed refers to those stakeholders who need to be kept up-to-date on progress and decisions but are not directly involved in the task execution.

The inclusion of these four components in a RACI matrix helps teams avoid confusion regarding who does what and ensures clear communication throughout the project's lifecycle. Understanding this matrix enhances collaboration and accountability across the project team, making it a vital tool in business analysis and project management.