Sometimes you just need a bit of rope to secure a tripod or gear to a near by tree, especially on a slope or cliff edge. I wrapped one tripod leg in red paracord and it also doubles as slight padding for my shoulder and hands.
With the bit of cord left over I threaded it to through the top tabs of my pack so I could lash on more gear or stabilize the tripod when mounted to the pack.
Also makes good woven wrist straps .