An essential element of any successful project is the ability to identify potential risks and assign the best strategy to mitigate its likely impact on the project.This can be achieved by breaking down each risk into actionable chunks and create a risk breakdown structure (RBS).
An essential element of any successful project is the ability to identify potential risks and assign the best strategy to mitigate its likely impact on the project.Tags: Example Of Literature Review IntroductionThe Da Vinci Code Book Review EssayBrown University Senior ThesisArgumentative Thesis Statement On TerrorismThesis Nl Kolb VragenMy Goals EssayHow To Start A Hook In An EssayEssay On Why Not To Disrespect An NcoShort Essay Domestic Violence
The use of a RAM has become an essential tool of project managers with the increased popularity of matrix management within organizations.
One of the most important functions of the RAM is to combine two key breakdown structures: the work breakdown structure (WBS) and the organizational breakdown structure (OBS).
The system created from the RAM is practical and cost effective.
It is important that within the allocations of responsibility there is a distinction made between a person being 'responsible' and that of having 'accountability'.
The responsibilities are usually in the matrix in columns and activities in rows.
Responsibility matrix in practice: Responsibility Matrix is used for allocation and assignment of responsibilities to individual team members in projects, processes or their parts.The RAM will highlight if there is more than one person involved in either of these roles and enable the project manager to clarify and identify one person.When using the RAM technique it is critical that all involved understand the distinction between a role and a named individual.This template enables you to define and record the different roles and their associated responsibilities as they relate to your project.It allows the impact of cross-functional projects to be identified and managed effectively within the organization.Responsibility Matrix, sometimes also Responsibility Assignment Matrix (RAM), or Linear Responsibility Chart (LRC) is a method used for assignment and display of responsibilities of individual persons or jobs in a task (project, service or process) in the organization.The method is based on assigning different types of responsibilities to the individual tasks or activities in the form of a matrix.The diagram below shows the alternative names given to the ways different projects can define their different roles, their responsibilities in relation to completing deliverables in accordance to the project plan.All successful projects will use one of these methods to a define project roles & assign appropriate responsibilities.Responsible - relates to the person who must perform the work to deliver a work package or complete a task.Accountable - is concerned with the sole individual who will approve (sign-off) a work package or deliverable.