Assumptions and Risks
This template is intended for use by teams that are using the Rapid Learning Cycles framework in very early development.
It leverages the Business Model Canvas from Alex Oosterwalder, but adds additional areas of assumptions and risks faced by technology projects and startups.
These assumptions and risks often surface potential High Impact / High Unknown Key Decisions and potential Knowledge Gaps.
Instructions for use of this Template:
- Using the column headers as prompts, enter Assumptions and Risks for this phase of your program. You’ll see a placeholder for your Core Hypothesis cards — you can copy these from the Final Statement row of your Core Hypothesis board.
- Discuss the assumptions and risks that this exercise surfaced. Where did you find potential Key Decisions?
- Color these potential Key Decisions green, and then copy your potential Key Decisions to the Key Decisions board.
About the Rapid Learning Cycles Framework:
The Rapid Learning Cycles framework accelerates innovation by helping teams make decisions at the right time with the right people and the best available knowledge. The framework was developed by Katherine Radeka and first fully explained in her book, The Shortest Distance Between You and Your New Product: How Innovators Use RLCs to Get Their Best Ideas to Market Faster. You can learn more about the framework at the Rapid Learning Cycles Institute.