New website = riskcommentary.ca
[Re-edited for clarity.]
Due diligence is not the same as risk assessment; they are complementary.

Due Diligence and High Quality Risk Assessment: how could they be used?

1.  Quote: the hope for a less quantified, more qualified and thoughtful approach.
2. Due diligence definition vs risk assessment.
3. Order of operations: 
    a. select using matrix with criteria; 
    b. conduct risk assessment.
4. Maturity matrix definition.
5. Thought experiment: due diligence for investment project using maturity matrix.
6. Maturity matrix (semi-quantitative analysis) with categories:

• firm  
• management team
• business model
• deal structure

7. After d.d scoring, do risk assessment. 
8. This proposed method would help the management team.

9. “High returns = high risk”. Is it strictly accurate?

10. Application of Due Diligence and High Quality Risk Assessment in stages of major projects.

Summary 

KEY QUOTE
“The practice of due diligence has evolved into SOX checklists... Best practice awards are given to the weightiest presentations (by the pound) and third part vendors are predominantly selling ‘perfect solutions’ for enterprise risk management that will seriously impede your ability to conduct business.” (L. Burke Files, Due Diligence for the Financial Professional, 2010, p.6)

LINKS 
Robertson, E. Enterprise Risk Management Tools and Templates, 2016. p. 35 - Enterprise Risk Management maturity matrix, based on Carnegie-Mellon methodology.

Mark C. Paulk, Bill Curtis (CAST Research Labs), Mary Beth Chrissis, Charlie Weber Capability Maturity Model for Software (Version 1.1) 
The original article whose methodology has been borrowed and applied to many aspects of business.