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I have a super-detailed article on what is a RAID log (the short answer is that RAID is an acronym of Risks, Actions/ Assumptions , Issues, Decisions/Dependencies, and it’s a tool that project managers use to keep on top of their project work). Especially as there are lots of good articles and videos about it online already.
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The real reward (as well as you're internal company recognition scheme, certificates and fun awards for individuals) should be the natural outcome of what we talked about a the beginning of this article -- an environment where creativity is expected, supported and encouraged to flourish.
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