RAID is a standard framework for capturing the things that can affect delivery: Risks (what might go wrong), Assumptions (what we’re relying on), Issues (what has gone wrong), and Dependencies (what we rely on others for). Some teams read the “A” and “D” as Actions and Decisions.
Maintaining a live RAID log at every level of a program is a core governance practice, giving leaders early warning and a defensible record of how risks and issues were managed.