ENTREPRENEURSHIP

Detailed explanation-1: -What does a resource histogram show that a responsibility assignment matrix does not? A: The responsibility assignment matrix maps specific resources to the work packages from the WBS. On a resource histogram, the use of resources is shown individually or by groups over time.

Detailed explanation-2: -The RAM provides a realistic picture of the resources needed and can identify if you have enough resources for the project. Additionally, it clearly shows who is responsible for what; if it is associated with the schedule it can identify when the deliverable is needed.

Detailed explanation-3: -A responsibility assignment matrix (RAM) in project management, also known as a RACI chart or RACI matrix, details all the necessary stakeholders and clarifies responsibilities amongst cross-functional teams and their involvement level in a project.

Detailed explanation-4: -Explanation The resource histogram shows the number of resources used in each time period. In its pure form, a bar chart shows only activity and calendar date. The organizational chart shows who report to whom. The responsibility assignment matrix shows who will do the work.

Detailed explanation-5: -A resource histogram is a visualization and statistical tool used to manage resources. Typically, a simple table might give you an idea of how your resources are monitored daily, but it’s hard to visualize information that way.