PRICE Hypothesis Generation Framework

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Amendment 42-24 Authorized for use 1 January 2025 / Mandatory 1 January 2026

Description

This is a 15-slide PowerPoint.

Forming a coherent hypothesis is an instrumental tool when analyzing and addressing any business problem. It is a common approach used by management consultants. When evaluating any new, abstract business problem, it is wise to begin by forming an hypothesis related to the problem.

A popular consulting framework for forming a hypothesis is PRICE. PRICE is used by strategy consulting firms like McKinsey, Bain, and BCG. It can be used to test a hypothesis, determine if the hypothesis is valid, and answer questions, like, Does the hypothesis make sense? Should it be discarded? Should it be reworded?

This document explains the PRICE framework and provides template slides to be used in your own presentations.

PRICE Hypothesis Generation Framework

PRICE Hypothesis Generation Framework
PRICE Hypothesis Generation Framework

This is a 15-slide PowerPoint.

Forming a coherent hypothesis is an instrumental tool when analyzing and addressing any business problem. It is a common approach used by management consultants. When evaluating any new, abstract business problem, it is wise to begin by forming an hypothesis related to the problem.

A popular consulting framework for forming a hypothesis is PRICE. PRICE is used by strategy consulting firms like McKinsey, Bain, and BCG. It can be used to test a hypothesis, determine if the hypothesis is valid, and answer questions, like, Does the hypothesis make sense? Should it be discarded? Should it be reworded?

This document explains the PRICE framework and provides template slides to be used in your own presentations.

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PRICE Hypothesis Generation Framework   (500 KB)
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