The assumption log is the factor that is considered to be true in the planning purpose. An assumption log is created by the project manager. It is the piece of information depending on which the project plan and the decision are made. This information or facts cannot be validated as it depends on the assumptions and is recorded in the assumption log templates for the assessment and the evaluation.
5-Steps to Create the Assumption Log
Step 1: Log Sheet
You can create the log sheet in the word document also. In this document file, you can make the assumption log sheet which will note down the assumption and the limitation in the same log sheet. The assumption analyzation should be done so that the risk factors can be identified. And when you plan the project, there are quite many things which you can include and omit when you make the log sheet in the Word file.
Step 2: Project Details
You can include in the project detail such as the project name, number, details of the project manager, etc. You’ll have to insert the detail in the assumption log. There is the project detail which you have to add in the assumption log. When you make an assumption then there also the risk factor in the plan. You need to insert this detail in the log so that your team members can study your assumption.
Step 3: Business details
The business detail is included in the assumption log sheet. The identification of the trend is very important when you plan the project. This is called the trend analysis where the prior data or the facts are used to make the present assumptions. You can take the idea from the prior schedule such as the cost, budget, and scope. It is the most dependable and efficient method.
Step 4: Tabulate Details
You have to tabulate the detail in the log sheet where the validation of the assumption is and the comment of the other team member of the project. Make a comment or suggestion column so that the team members can comment on the assumption and the limitation.
Step 5: Review and Present
After the plan made by the project manager, analyzation and the evaluation of the plan is made so that everyone can make comment and changes in the project plan. And the plan is mainly lead by the team leader and others also can put valuable suggestions. This assumption log has to be reviewed by everyone in the project team.
FREE 4+ Assumption Log Templates in PDF | MS Word
1. Assumption Log Template
The assumption is made when you plan for the project and it is assumed or thought by the project manager. The assumption cannot be validated to be true as it is only planned. To avoid the risk in the assumption log there is the requirement of the assumption analysis and for this, firstly you need to plan and make a proper assumption and use the assumption log templates by downloading it in your PC and device.
2. Probability of Failure Assumption Log Template
When you make any assumption about the project plan then you must list the pros and cons and make probable chances of both the positive and the negative aspects. Both the aspect can be mentioned in the assumption log sheet because you have studied both the effect of the plan or your research. Then you’ll also need the appropriate sheet of the log which is available online, simply download the template of failure assumption log.
3. Simple Assumption Log Template
There are assumptions and the limitation both when you plan or strategic about the project. You have to make the list of both the assumption and the constraint in your plan. In this assumption and constraint log, you can write about the plans and the strategies made for the project and also mention the limitation on the other hand. You have to download the template of the assumption log templates so that you take the idea from these log sheets.
4. Assumption Log Template in DOC
The assumption being made about the project and the analyzation of the assumption is even more important to make as because the assumption cannot be validated and consider it be true. As assumption relies on the true fact but it cannot be fully true. The assumption log can be downloaded and also the changes are made in the work log sheet available in the Doc file.
5. Log Frame Risk and Assumptions in DOC
When you as a project manager presume about the plans and the strategies that will be used in the project. And the project plan analysis must be done to take care of the limitation in the project plan. This you can check by downloading the word document of the template of the editable sample log of risk and assumption. By this, you can find out the risk and assumption together.