At work I speak of having multiple tools in your toolbelt.I like the saying, "if all you have is a hammer, everything looks like a nail"!Next is one more tool to add to your tool belt.That is, "one way to identify important assumptions is to perform a risk assessment and look at all the low-risk items. Most of these low risks are not worth mentioning, but some will have significant implications if events do not turn out as you think. These are the ones that you can document as assumptions."

Do you think that this is valid way to document assumptions and do you see any flaws in that methodology?