assumption-grid

Assumption Grid Template

Someone wise once said that nothing in life is certain. But the waters of the business world? It can seem especially uncertain and unclear. An Assumption Grid can help you navigate those waters and make your decisions confidently.

About the Assumption Grid template

What is an Assumption Grid?

Most business models and decisions are based on assumptions. Whether you’re a startup, an enterprise company, or somewhere in between, you’re probably making assumptions almost every day. But when resources and time are on the line, it can be hard to decide whether your assumptions are worth making -- and if you’re making tough judgment calls, it’s not always easy to know which assumptions to test.

Developed by IBM, an Assumption Grid is a powerful tool that helps you decide which assumptions from your business model you should test first. The grid plots your assumptions on two axes: high impact assumptions for which you have little information, and low impact assumptions for which you have little information. Visualizing your assumptions can empower you to make judgment calls, prioritize, mitigate risk, and overcome uncertainties.

Once you’ve placed a variety of items on the grid, the Assumption Grid becomes a great conversational tool. Bring your team into a room and have them go over the results. New assumptions might materialize, or you might move items around on the grid. 

How do you use the Assumption Grid template?

Start with our pre-made template, making any changes you’d like to suit your particular needs. Invite team members to join your board and collaborate. You can create color-coded sticky notes so it’s easy to keep track of each person’s contributions. Use the @mention or video chat if you need to get input from others. You can upload other file types such as documents, photos, videos, and PDFs to store all the relevant information in one place. 

FAQs about the Assumption Grid Template
Assumption Grid Template

Get started with this template right now.

Related Templates
Agenda-web-thumb
Preview

Agenda Template

Works best for:

Project Management, Meetings, Workshops

Even when you’ve hosted meetings for years, hosting them online is different. Keeping them structured, purposeful, and on-task is key. That all starts with having a detailed agenda, and this template makes it so easy for you to create one.

Agenda Template
RAID Log Thumbnail
Preview

RAID Log Template

Works best for:

Agile Methodology, Project Management, Agile Workflows

Use the RAID Log template to better understand potential risks, assumptions, issues, and dependencies relating to an upcoming project. With this information, you can make effective contingency plans and prepare your resources accordingly. You’ll know what could go wrong throughout the project and how to fix the problem.

RAID Log Template
mitch-laceys-estimation-game-thumb-web
Preview

Mitch Lacey's Estimation Game Template

Works best for:

Leadership, Agile Methodology, Prioritization

A wordy name but a simple tool, Mitch Lacey’s Estimation Game is an effective way to rank your work tasks by size and priority — so you can decide what to tackle first. In the game, notecards represent your work items and feature ROI, business value, or other important metrics. You’ll place each in a quadrant (ranking them by size and priority) to help you order them in your upcoming schedule. The game also empowers developers and product management teams to work together and collaborate effectively.

Mitch Lacey's Estimation Game Template
Prototype Thumbnail
Preview

Prototype Template

Works best for:

UX Design, Design Thinking

A prototype is a live mockup of your product that defines the product’s structure, user flow, and navigational details (such as buttons and menus) without committing to final details like visual design. Prototyping allows you to simulate how a user might experience your product or service, map out user contexts and task flows, create scenarios to understand personas, and collect feedback on your product. Using a prototype helps you save money by locating roadblocks early in the process. Prototypes can vary, but they generally contain a series of screens or artboards connected by arrows or links.

Prototype Template
Daily Standup Thumbnail
Preview

Daily Stand-up Meeting Template

Works best for:

Agile Methodology, Meetings, Software Development

The entire team meets to review the day before and discuss the day ahead. These daily meetings, also known as “scrums,” are brief but powerful — they identify roadblocks, give each team member a voice, foster collaboration, keep progress on track, and ultimately keep teams working together effectively. This template makes it so easy for you to plan daily standups for your sprint team. It all starts with picking a date and time, creating an agenda, and sticking with the same format throughout the sprint.

Daily Stand-up Meeting Template
Bulls Eye Thumbnail
Preview

Bull's Eye Diagram Template

Works best for:

Diagrams, Project Management, Prioritization

When you’re a growing organization, every decision can feel like it has make-or-break consequences—which can lead to decision paralysis, an inability to prioritize, inefficient meetings, and even low morale. If that sounds like you, put a Bull’s Eye Diagram to work. True to its name, a Bull’s Eye Diagram uses a model of concentric circles to help companies establish priorities, make critical decisions, or discuss how to remove or overcome obstacles.

Bull's Eye Diagram Template