Color reviews are scheduled internal checkpoints. In common practice a Pink review tests the outline, a Red review scores a full draft as an evaluation board would, and a Gold review is the final readiness check before submission.
Agencies may use any rating method or combination of methods, including color or adjectival ratings, numerical weights and ordinal rankings 1. A Red review that rates each Section M factor with adjectives practises one of those methods.
Bids2Bank runs the same three reviews 2, and its Red review rates each factor on a five-step adjectival scale from outstanding to unacceptable 3.
Check 1
Check 2
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