The RACI Matrix Framework is a [[Product Framework]] used to identify the roles and responsibilities of individuals and teams in a project. It stands for: - **Responsible**. The responsible party is the one who performs the work and is ultimately accountable for the successful completion of the project. - **Accountable**. The accountable person has the ultimate authority and is ultimately accountable for the project’s success or failure. - **Consulted**. The consulted parties are those who provide input, advice, and guidance to the responsible party. - **Informed**. The informed parties are those who need to be kept up-to-date on the progress of the project. The RACI Matrix Framework helps organizations to efficiently and effectively assign tasks and to ensure that all necessary individuals are aware of their roles and responsibilities.