A structured template for auditing past decisions — separating luck from skill, improving your decision process, and building a personal track record that compounds your judgment over time.
Annie Duke, former professional poker player and decision strategist, emphasizes: the quality of a decision and the quality of its outcome are different things. A good decision can have a bad outcome (bad luck), and a bad decision can have a good outcome (good luck). Decision audits help you distinguish between the two.
## Decision Record #___
**Date**: ___
**Decision**: What are you deciding?
**Deadline**: When must this be decided by?
**Reversibility**: Is this easily reversible? (1-5 scale)
**Stakes**: How consequential is this? (Low / Medium / High / Critical)
### Options Considered
1. Option A: ___
- Pros: ___
- Cons: ___
- Estimated probability of success: ___%
2. Option B: ___
- Pros: ___
- Cons: ___
- Estimated probability of success: ___%
3. Option C (Status Quo / Do Nothing): ___
### Decision Made: ___
### Reasoning: Why did you choose this option?
### Key Assumptions: What must be true for this to work?
### What Would Change Your Mind: What evidence would make you reverse this decision?
### Confidence Level: ___%Before implementing, imagine it's 6 months later and the decision failed badly:
### Pre-Mortem
**The decision failed because**: ___
**The warning signs I should watch for**: ___
**My contingency plan if things go wrong**: ___## Audit Date: ___
## Time Since Decision: ___
### Outcome
**What actually happened**: ___
**Outcome quality** (1-10): ___
### Process Evaluation
**Decision quality** (1-10): ___
**Was this a good decision with a bad outcome, or a bad decision with a good outcome?**
### What I Got Right
- ___
### What I Got Wrong
- ___
### Surprises
- What happened that I didn't anticipate?: ___
### Lessons Learned
- What would I do differently next time?: ___
- What principle can I extract from this experience?: ___
### Bias Check
- Was I influenced by any cognitive biases? (anchoring, confirmation, sunk cost, etc.)
- ___Don't rely on memory. Write down your reasoning at the time of the decision, not after you know the outcome. Memory is unreliable and biased by hindsight.
Set a calendar reminder to review your decision journal quarterly:
- How many decisions had good process AND good outcomes?
- How many had good process but bad outcomes? (Keep doing this — you were unlucky)
- How many had bad process but good outcomes? (Stop this — you were lucky)
- How many had bad process AND bad outcomes? (Prioritize fixing these patterns)
After 10+ audits, patterns emerge:
- Do you consistently underestimate timelines?
- Do you neglect certain stakeholders?
- Are you overconfident in specific domains?
- Do you avoid decisions too long?
Compare your predicted probabilities to actual outcomes. Well-calibrated people who predict 70% probability should be right about 70% of the time.
| Good Outcome | Bad Outcome | |
|---|---|---|
| Good Process | Deserved Success — reinforce this process | Bad Luck — don't change what works |
| Bad Process | Dumb Luck — don't be fooled into repeating | Deserved Failure — learn and improve |
Create and explore structured decision prompts at KeepRule — where AI-powered frameworks help you make better decisions and build a habit of reflective judgment.
This project is licensed under the MIT License - see the LICENSE file for details.