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Discussion Post: RACI Chart Useful Tool in Project Management
Subject: Initiating a Project
Thoroughly define and discuss the four different roles that are assigned in a RACI Chart. Why does at least one person/need to be Responsible for an Activity? Why is it necessary to have only one person assigned Accountability for an activity? What would be the issue if a person was assigned two roles (i.e., Responsible and Accountable or Accountable and Consult)?
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1. Suppose you have a firm with the following information (ignore financial distress costs):
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