RAID in project management stands for Risk, Assumptions, Issue, and Dependencies. These are very important items that a project manager must have knowledge about.
- Risks are the potential problems that can have either a positive or negative impact on the project resulting in a deviation of the final result from the original plan.
- Actions are the task that you perform throughout the project.
- Issues are the hurdles that you might face in the course of the project which must be successfully resolved or it might derail the project or cause the project to fail.
- Decisions are your choice of actions/tasks in the project.