RACI charts help with collaboration and defining responsibilities in product development.Roles in a RACI chart include Responsible, Accountable, Consulted, and Informed.Benefits of RACI charts include clarity, accountability, consistency, efficiency, and improved communication.Responsible vs. Accountable roles clarified with examples and distinctions.Key steps to creating a RACI chart: brainstorm activities, list stakeholders, set roles, review, and finalize.Example RACI chart usage in product development stages like Discover, Design, Develop, Deliver.Tips for customization of RACI templates and common pitfalls to avoid.Frequently asked questions about RACI charts answered regarding components, mistakes, and alternatives.RACI charts aid in team alignment, transparency, and managing dependencies effectively.Overall, RACI charts are valuable tools for product management and cross-functional collaboration.