Creating a RACI Matrix involves several key steps: 1. Identify the Tasks: List all the tasks or deliverables for the project. 2. Identify the Roles: Determine all the roles involved in the project, such as team members, stakeholders, and project managers. 3. Assign RACI: For each task, assign one or more roles under the categories of Responsible, Accountable, Consulted, and Informed. 4. Review and Confirm: Ensure that everyone understands their roles and agrees with the assignments.