Robust governance supports legacy underwriting decisions with assumptions clearly understood and challenged. Baseline: an underwriting governance framework with reporting lines and committees; no binding bid without approval of the appropriate committee, which includes independent non-executive directors, confirming consistency with the internal rate of return in the business plan; bids detailed enough for the committee to test assumptions against the plan and market expectations; a documented record of whether due diligence followed the approved process, available to the approving committee. Higher levels add a no-blame culture for reporting underwriting issues and active board challenge of parameters and assumptions.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.