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Responsibility assignment matrix. In business and project management, a responsibility assignment matrix [1] ( RAM ), also known as RACI matrix [2] ( / ˈreɪsi /) or linear responsibility chart [3] ( LRC ), is a model that describes the participation by various roles in completing tasks or deliverables [4] for a project or business process.
History A collection of vintage Stanley bottles at the New Britain Industrial Museum REI display for Stanley Quencher H2.0 Tumbler — Limit 2 per customer. In 1913, William Stanley Jr. created the Stanley all-steel vacuum flask, better known as the Stanley bottle, as a result of his work with transformers, during which he discovered that a welding process he was using could be used to ...
Institute for Supply Management ( ISM) is the oldest, and the largest, supply management association in the world. [1] Founded in 1915, the U.S.-based not-for-profit educational association serves professionals and organizations with a keen interest in supply management, providing them education, training, qualifications, publications ...
Software development. Capability Maturity Model Integration ( CMMI) is a process level improvement training and appraisal program. Administered by the CMMI Institute, a subsidiary of ISACA, it was developed at Carnegie Mellon University (CMU). It is required by many U.S. Government contracts, especially in software development.
Project risk is defined by the Project Management Institute (PMI) as, "an uncertain event or condition that, if it occurs, has a positive or negative effect on a project’s objectives." [1] Within disciplines such as operational risk, financial risk and underwriting risk management, the concepts of risk, risk management and individual risks ...
Scrum is an agile team collaboration framework commonly used in software development and other industries. Scrum prescribes for teams to break work into goals to be completed within time-boxed iterations, called sprints. Each sprint is no longer than one month and commonly lasts two weeks. The scrum team assesses progress in time-boxed, stand ...
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