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RACI matrix

RACI is a matrix used to assign roles and bring in accountability to complete tasks and deliverable in projects. It is a responsibility assignment matrix. R- Responsible - This is assigned to the person who is responsible to complete the task. There can multiple people with this roles and there should be at the least one person with this role for any given task A-Accountable- This is assigned to the person who is accountable for the task and signs offs the change/task/deliverable. He/she is the one who is answerable for the task. There should only be 1 person who is accountable for any given task C- Consulted- This is assigned to those people whom the doers of the task consult in case of queries and clarifications. They are SMEs or business people in most cases. I- Informed- This is assigned to those people who should be informed of the task

Requirement Prioritization

Any project will start with a requirement. Requirements are the fundamental building block of a project. Based on the various constraints present we will have to prioritize the requirements in order to build a robust product in successful iterations. In simple terms prioritization means ranking of requirement subject to constraints. General constraints that we face are budgetary, timelines, resources and business impact.It is imperative that the requirements are prioritized and that too early in the project. The most common method that I use is the MoSCoW technique.This can be broken down as-Must Have, Should Have, Could Have and Won't have. Must Have- These requirements are those which are the most critical pieces of the project without which the project will not be complete. These MUST be taken up.  Should Have-These requirements are important ones but are not as critical as must haves. There could be workarounds available and these SHOULD be taken up based on the constrain...