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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.
"Accountability" derives from the late Latin accomptare (to account), a prefixed form of computare (to calculate), which in turn is derived from putare (to reckon). [6] While the word itself does not appear in English until its use in 13th century Norman England, [7] the concept of account-giving has ancient roots in record-keeping activities related to governance and money-lending systems ...
It is an example of professional ethics. Accounting was introduced by Luca Pacioli , and later expanded by government groups, professional organizations, and independent companies. Ethics are taught in accounting courses at higher education institutions as well as by companies training accountants and auditors .
Corporate titles or business titles are given to company and organization officials to show what job function, and seniority, a person has within an organisation. [1] The most senior roles, marked by signing authority, are often referred to as "C-level", "C-suite" or "CxO" positions because many of them start with the word "chief". [2]
Professional responsibility is defined by professional accepted standards of personal behaviour, moral values, and personal guiding principles. [16] Codes for professional responsibility may be established by professional bodies or organizations to guide members in performing functions to a consistent ethical set of principles. [ 17 ]
Delegation may result in creation of an accountable chain of authority where authority and responsibility moves down in an organisational structure. [2] Inefficient delegation may lead to micromanagement. There are a number of reasons someone may decide to delegate. These include: To free themselves up to do other tasks in the pace of their own
An accountability partner is someone who supports another person to keep a commitment or maintain progress on a desired goal. They will often be a trusted friend or acquaintance who will regularly ask an individual about their progress or receive confessions of moral wrongdoing.
The case of Watergate scandal was a famous example showing the role of watchdog journalism, how it works, and its impact. The media, particularly The Washington Post , significantly contributed to highlighting the fact that a connection did exist between the breaking into of the Watergate Office and Richard Nixon's re-election committee, [ 21 ...