Add all 15 answers. Maximum: 45 points. Do not convert the result into a probability of success or a percentile ranking.
| Area | Questions | Maximum | Your score |
|---|---|---|---|
| Decision, financial baseline and demand evidence | 1–3 | 9 | ___ |
| Owner cash, seasonality and downside resilience | 4–6 | 9 | ___ |
| Capital, operator, contracts and affiliation | 7–10 | 12 | ___ |
| Compliance, funding, tax and insurance | 11–13 | 9 | ___ |
| Evidence controls and execution accountability | 14–15 | 6 | ___ |
| Total | 1–15 | 45 | ___ |
What does each score band mean?
| Raw score | Readiness band | What it means | Recommended next step |
|---|---|---|---|
| 0–14 | Frame the decision | Too much of the case remains undefined or unsupported for this framework to support commitment. | Write the decision mandate and issue a prioritized data request. For a conversion, start with a fatal-flaw screen before a detailed investment forecast. |
| 15–26 | Build the evidence | You have a recognizable case, but material parts remain unverified or disconnected from owner cash. | Commission or complete a narrowly scoped diagnostic around the most consequential gap. Reconcile the baseline before polishing the investment narrative. |
| 27–36 | Resolve decision-critical gaps | Much of the evidence exists, but incomplete assumptions, funding or obligations still require challenge. | Produce the downside cash case and close the weakest relevant diligence items before the next irreversible milestone. |
| 37–45 | Ready for final independent challenge—conditionally | The file is comparatively well developed under this rubric. This is not permission to buy, borrow or sign. | Conduct an investment-committee or owner-side challenge, confirm specialist conditions and document the proceed, renegotiate or stop decision. |
Top-band condition: you qualify for the final status only if every question scores at least 2 and no override below applies. Otherwise, retain the raw score but label the result Targeted diligence required or Hold irreversible commitment, as appropriate.