Method and system for quantitatively assessing project risk and effectiveness
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United States of America Patent
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Dec 25, 2007
Grant Date -
May 29, 2003
app pub date -
Nov 29, 2001
filing date -
Nov 29, 2001
priority date (Note) -
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status (Latency Note)
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Abstract
A method and system for assessing risk of a change proposal on a project development, and effectiveness of a service provider to satisfy a client. The method for assessing risk may include receiving the change proposal requesting one or more amendments to be performed on the project. One or more elements of the project potentially affected upon the change proposal being approved may be identified based on the amendment(s) of the change proposal. Metric(s) indicative of the potential effects on the project based on the identified element(s) may be generated. The method for determining effectiveness may include receiving change proposals. A frequency of receipt of the change proposals being received during the course of the project may be monitored to determine effectiveness of the service provider in satisfying the client.
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