Concepts and Definitions

Responsibility Assignment Matrix (RAM) / RACI A Responsibility Assignment Matrix (RAM), also called a RACI matrix, is a tool for managing projects that helps team members understand their roles and responsibilities. The matrix is a grid that connects project tasks and deliverables to team members. For each task or deliverable, each team member is given a role….

Rsk-Adjusted Backlog A risk-adjusted backlog is a list of project features or requirements that have been moved up or down the list based on how risky each item is. In other words, a risk-adjusted backlog takes into account the level of risk associated with each item in the backlog when deciding the order in which they should…

Risk Breakdown Structure (RBS) A Risk Breakdown Structure, or RBS, is a diagram that shows how possible risks in a project are organized by type and level of detail. It is a tool used in project management to help find, analyze, and deal with risks in a structured and organized way. The RBS is usually made during…

Risk Register A risk register is a document or database that is used to find, evaluate, and manage risks related to a project, activity, or decision. The risk register is a key part of effective risk management because it helps make sure that all possible risks are found and that the right plans are made to deal…

Role In project management, a role is the set of responsibilities, tasks, and functions that a person or group of people have on a project team in order to reach the project’s goals. The job of a project manager is to make sure that the project is finished on time, on budget, and up to the quality…

Schedule Compression Schedule compression is a project management technique used to speed up the schedule of a project and finish it earlier than planned. Different methods, such as crashing and fast-tracking, can be used to shorten a schedule. Crashing This method involves adding resources to the activities on the critical path to make the project finish faster….