People can make a fetish of this but a wiki page that gets updated as you change plans at least lets the team memorialize what you had planned and what happened (memories are slippery things and writing down a plan and some expected outcomes triggers a lot more learning).

There is a nice simple format in http://venturehacks.com/articles/sequoia-advice

   1. What’s our runway?
   2. What experiments are we running to extend our runway? (e.g. chasing revenue, raising capital, taking debt, writing
      grant proposals, cutting burn, grabbing market share in the hopes that it will help us raise capital later, et cetera)
   3. How long will we try the experiments before we switch to plan B?
   4. What’s plan B?