RIDAC tracking

A RIDAC is a tool used in project management to track and manage risks, issues, decisions, actions, and changes. Using RIDAC helps project managers and teams to identify potential problems, make informed decisions, and take timely actions to mitigate risks and resolve issues. This acronym stands for the following terms:

R	Risks — Events or situations that may negatively impact the project's objectives or completion.
I	Issues — Problems or challenges that arise during the project that must be addressed to prevent or minimize their impact on the project's success.
D	Decisions — Choices made by the project team or stakeholders that affect the project's direction, scope, or resources.
A	Actions — Tasks or activities that must be completed to achieve project goals or address identified risks or issues.
C	Changes — Modifications to the project scope, schedule, or resources that may impact the project's performance or outcome.

By tracking RIDAC items on a project management platform such as the Monday board, team members can collaborate effectively, prioritize tasks, and monitor dependencies to ensure the project stays on track.

Additionally, including RIDAC items as part of the Status Update and Monday Dashboard for customer visibility ensures that all stakeholders know the project's progress and any challenges that must be addressed. Team members must track RIDAC items carefully, communicate dependencies clearly, and provide regular status updates to ensure project success.