Risk, Assumption, Issus and Dependencies Log with rated perceptions of risk

What is a RAID log?

A RAID log is a project planning tool for identifying key (R)isks, (A)ssumptions, (I)ssues, and (D)ependencies. At the beginning of the venture, the project team identifies events, activities, and individuals that will or could impact on the successful completion of the project. If required, further analysis and detail can then be added to each priority item, and their status monitored.

The RAID log focuses on four key areas:

  • Risks – events that can have an adverse impact if they occur.
  • Assumptions – things you assume are in place which contribute to the success of the project.
  • Issues – current matters that need to be considered and addressed by the group.
  • Dependencies – other projects or triggers that your project depends on, or are a beneficiary of your project outcomes.

Note: Some project managers use the A for actions and the D for decisions.

Why maintain a RAID log?

A RAID log is a practical tool for managing projects. Use it:

  • During the initial planning phase to perform a broad environmental scan
  • To consolidate information to assist regular reviews that keep the project on track
  • As a way of involving the whole team to identify critical issues that have an impact on the project
  • To assess changed project conditions
  • As a way to optimize effort and use of resources
  • To show stakeholders that the project is under control
  • As evidence for input or support from management

Who can use RAID log?

Project teams, especially in those in the engineering, construction and IT industries, routinely use a RAID log. However, because of its simplicity, the methodology is relevant to:

  • All industries
  • Existing and new businesses
  • All levels of an organization
  • Business processes
Facilitation tips

RAID log template

A RAID log template is organized as a 2 x 2 matrix, resulting in four quadrants; one each for Risks, Assumptions, Issues, and Dependencies.

Risks

Risks are things that will have an adverse impact on the project if they eventuate. Their significance is calculated from the likelihood they’ll occur, along with the impact on the project if they do.

Ask: What events might occur that will have a adverse impact?

Actions: Implement risk mitigation strategies based on the significance of each risk.

See also: Risk Assessment

Issues

Issues are risks that have already occurred and have impacted on the project. You must get them under control immediately to keep the project on track.

Ask: What events do we need to address to ensure the project runs to plan?

Actions: Contain or remove the issue.

Assumptions

Assumptions are things that you assume will happen to assist the project, but aren’t guaranteed. If the assumptions are incorrect, there will be a consequence for the project.

Ask: What presumptions have we made about things that will make our project successful?

Actions: Regularly reassess assumptions to test if they’re still valid.

Dependencies

Dependencies may relate to other projects, partners, or suppliers. They are things that must start or finish so your project can progress. They might also be others that rely on your project as an input.

Ask: Who or what do we depend on and who depends on us?

Actions: Monitor and manage dependencies.

How to develop a RAID log

Invite representatives from all areas of the project to help complete the RAID Log. Use online technology to involve members of the team who reside off site. Collaborative brainstorming tools such as GroupMap enable facilitators to bring together dispersed teams and ensure everyone’s ideas are captured.

Scope

Give context and identify the scope of the RAID Log.

Brainstorm

Gather input and ideas for each of the four quadrants.

Collate

Clarify content, group similar ideas, and delete duplicates.

Prioritize

Rate the impact of each risk, assumption, issue or dependency on the project.

Action Plan

Create an action plan assigning responsibility for each issue to a group or individual.

Share

Report on the outcomes and monitor as part of your project management processes.

Cross Device Compatibility

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