System and method for estimating construction project costs and schedules based on historical data

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 5918219
SERIAL NO

08357417

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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A distinctive estimating method using a concise depiction, organization, and presentation of time, related to the number of items accomplished, to produce a Historical Data Block of information, that is a stable inference base. These Blocks of information can be stored, referenced, anatomized, multiplied or divided and restacked, to create other accurate totals and estimates. This stable Block easily allows the accurate calculation of future duration times and item quantity totals. The calculated item quantities can be used to calculate current item costs and totals, by using a current item cost database. Or the item totals can be printed and sent out, requesting a quote, or sent out as purchase orders. The accurate duration times can be used to automatically produce a schedule, concurrently with the estimate, by using a predefined templet. These duration times can also be used to calculate accurate: duration costs, employee goals for profit sharing, payroll, and insurance premiums, all of which increase the efficiency of management and the estimating processes.

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First Claim

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Patent Owner(s)

Patent OwnerAddress
ISHERWOOD JOHN PHILIPNot Provided

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Isherwood, John Philip 105 Stephan Rd., Aptos, CA 95003 1 201

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