Inspect the input
Compare the incoming revenue and cash runway figures with the approved record.
Compare the new board report with approved figures. Review the revenue revision and shorter cash runway before accepting the update.
Compare the incoming evidence with the approved figures before accepting the update.
Compare the incoming revenue and cash runway figures with the approved record.
Retain the source and distinguish the operating update from the holding value.
Record approval in the workspace before the new figures enter the portfolio.

Review a new opportunity against your mandate. See the supporting evidence, material risks and questions for diligence.