I like the idea of a daily worksheet like the one you proposed. Reviewing a packet that describes the process after the design has been completed does not provide feedback when it is needed. I would add a fourth column: What I need to learn - here is where students will ask the questions and want to know the answers to improve their design. The real trick here is developing a design project that ignites the inquiry you are "teaching" in your unit/lesson. This can be tied to how the student managed their "failure" and how additional knowledge improves innovation.