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Randy from Excel for Freelancers introduces the dynamic RACY matrix tutorial. He demonstrates how to create a detailed RACY matrix in Excel, allowing users to add and update projects, filter projects, add tasks, categories, due dates, status, and employees. The tutorial covers every step including code, formulas, and formatting. Randy encourages viewers to subscribe for more free weekly tutorials. A RACY matrix, also known as R-A-C-I, is a tool used for project management.