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In business and project management, a responsibility assignment matrix [1] (RAM), also known as RACI matrix [2] (/ ˈ r eɪ s i /; responsible, accountable, consulted, and informed) [3] [4] or linear responsibility chart [5] (LRC), is a model that describes the participation by various roles in completing tasks or deliverables [4] for a project or business process.
responsibility assignment matrix (RACI - Responsible, Accountable, Consulted, Informed) (roles and responsibilities aligned to deliverables / outcomes) tentative project schedule (milestones, important dates, deadlines) analysis of business needs and requirements against measurable goals; review of the current operations
Accountability is an element of a responsibility assignment matrix which indicates who is ultimately answerable for the correct and thorough completion of a deliverable or task, as well as the delegation of the work to those responsible.
A matrix organization. Matrix management is an organizational structure in which some individuals report to more than one supervisor or leader—relationships described as solid line or dotted line reporting, also understood in context of vertical, horizontal & diagonal communication in organisation for keeping the best output of product or services.
[5] notes that "Thus far, none of those [25] significant institutions – some of which are classified as global systemically important banks – have fully implemented the BCBS 239 principles", adding that "Weaknesses stem mainly from a lack of clarity regarding responsibility and accountability for data quality". The report concludes, amongst ...
The article on Responsibility assignment matrix cover the same ground as RACI matrix; so I would like to propose redirecting Responsibility assignment matrix to the appropriate section in this article. Greyskinnedboy 03:30, 4 March 2009 (UTC)
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Corporate accountability is the acknowledgement and assumption of responsibility for the consequences of a company's actions. It can be defined in narrowly financial terms, e.g. for a business to meet certain standards or address the regulatory requirements of its business activities. [1]