Method and system for risk evaluation and management
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United States of America Patent
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Issued Date -
Jun 12, 2008
app pub date -
Dec 11, 2007
filing date -
Dec 11, 2006
priority date (Note) -
Abandoned
status (Latency Note)
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Abstract
A method and system for assessing the risk that an entity (50) will not meet performance expectations wherein dependencies (52, 54) of the entity are identified and external factors (56, 60, 62, 64) that reflect changes in such dependencies are determined. Indicators (58, 68, 70, 72) that affect the external factors are also established and condition levels (59, 69, 71 and 73) are assigned to the external factors based on rules to which such indicators are applied. The performance risk of the entity is evaluated from the condition levels of the external factors.
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