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The RAID acronym can help you to remember to give appropriate attention to each area. In my own personal experience, I know that I have a tendency to give ample attention to risks and risk management but can overlook assumptions, so reminding myself of the RAID acronym daily, so as not to overlook any of these areas comes in very handy.
Risks A risk is any specific event which might occur and thus have a negative impact on your project or program. Each risk will have an associated probability of occurrence along with an impact on your project if it does materialize.
An example of a risk might be that a change in legislation to tax law could mean you will have to redo some of your projects and this will impact the schedule by x and cost y. Assumptions An assumption is something we set as true to enable us to proceed with our project or program.
Typically this happens during the planning and estimation phase of the project. As an example of an assumption, during the early planning phase, we might assume that we have access to 10 skilled specialists throughout the entire duration of the project.
By making this assumption it enables us to produce our plan. If this assumption turns out to be false then the project is negatively impacted. Issues An issue is anything which arises on your project which you have to deal with in order to ensure your project runs smoothly.
An example of an issue might be that a key project resource as called in ill and is unlikely to attend the office for the remainder of the week. Issues need to be managed through the Issue Management Process. Dependencies A dependency exists when an output from one piece of work or project is needed as mandatory input for another project or piece of work.
An example of a dependency in a building project might be that the architectural diagrams need to be complete before the foundations can be laid.
As project and program managers it is your responsibility to record, monitor, and manage these dependencies. Typically this will be done using an Excel spreadsheet. If you want to download our RAID template you can do so using the button below: As you can see in the RAID Log Template above the summary page gives us a one-page status snapshot, showing both the total number of risks, assumptions, issues, and dependencies, as well as providing a breakdown for each by criticality or priority.
This enables us to very quickly ascertain how the project is doing across all areas that make up the RAID Log. Risks Sheet When using the Risk Log the first thing we need to do is give the risk a name and description.
Then we need to assess the impact of the risk — what will happen if the risk materializes, for example, will the project overrun or go over budget?
Next, we need to enter an impact and likelihood score, giving each a value between 1 low and 5 high. Impact describes how large the impact on the project will be if this risk materializes, and likelihood describes how likely a risk is to materialize.
The score is calculated automatically by multiplying impact by likelihood, and risk level is graded according to the Risk Score Key at the top of the sheet. Next, we need to outline the plan to manage the risk — will the risk be mitigated, accepted, transferred, or avoided.
We also record key dates relating to the risk. The Trend cell gives us an opportunity to record if the outlook for the risk is improving or deteriorating.Assumptions and constraints form a foundational basis for project planning, filling in the gaps between known proven facts and total guesswork.
Each assumption is an "educated guess", a likely condition, circumstance or event, presumed known and true in the absence of absolute certainty. CH Purpose. The Defense Acquisition Guidebook (DAG), Chapter 8, provides guidance on the process and procedures for managing risks through planning and executing an effective and affordable test and evaluation (T&E) program that enables the Department of Defense (DoD) to .
Docker Official Images. What are "Official Images"? See Docker's documentation for a good high-level overview of the program.. What do you mean by "Official"?
In many cases, the images in this program are not only supported but also maintained directly by the relevant upstream projects.. For some, they're developed in collaboration with the upstream project (or with the explicit blessing of. We are expected to ask the right questions when eliciting requirements to identify gaps.
Requirements risk management is an emerging concept in many high performing organizations used to provide guidance on what the right questions are. This document is the specification of the Java API for JavaBean validation in Java EE and Java SE. The technical objective of this work is to provide an object level constraint declaration and validation facility for the Java application developer, as well as a constraint metadata repository and query API.
There are those who in the realm of science fiction literature wonder if galactic empires are the new "Middle-Earth".But interstellar empires never seem to go out of style, and regardless of their practicality they remain a powerful meme. The terrorist organization Aum Shinrikyo found inspiration in the galactic empire of Isaac Asimov's Foundation Trilogy.