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RACI matrix example is used in all types of companies especially construction companies and software development companies are more focused towards it, therefore, templates using different formats are designed by professionals who understand the requirements and changes in the market trends nowadays as customers usually show rapidly changing behavior. Format of RACI matrix example ·          Responsible ·          Accountable ·          Consulted ·          Informed ·          Process phase ·          Sponsor ·          Project analysis ·          Analysis requirements RACI is a term concluded from some of responsible, accountable, consulted, and informed. These are people directly or indirectly linked with the project or specific operation and therefore this matrix example template can be viewed by any member of the senior management to become aware of the people responsible and answerable for certain actions and operations in the business.