This Software Development RACI Chart aids project facilitation and management by ensuring everyone understands their role, responsibilities, and tasks. This also contributes to the overall success of a project by increasing efficiency and assisting in meeting deadlines. A RACI matrix chart explicitly identifies and communicates the various project roles and assignments and organizes all responsibilities into a chart. When it was first introduced, RACI was known as Responsibility Charting. Its acronym, true to form, stands for stakeholders' four roles in projects.