What is a RAID log?

This is a project management tool a lot of my projects used and this was actually something I have never used prior to coming to Accenture. A lot of consulting projects (but not all) use RAID logs to keep all of the outstanding items left to do and mitigate. They actually come into play in a lot of steering committees as well when making decisions on what to do and how!

Have you used a RAID log before? How do you think this would help your future projects?

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