System and method for estimating construction project costs and schedules based on historical data
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United States of America Patent
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Jun 29, 1999
Grant Date -
N/A
app pub date -
Dec 14, 1994
filing date -
Dec 14, 1994
priority date (Note) -
Expired
status (Latency Note)
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Abstract
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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Patent Owner(s)
| Patent Owner | Address | |
|---|---|---|
| ISHERWOOD JOHN PHILIP | Not Provided |
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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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| Fee | Large entity fee | small entity fee | micro entity fee |
|---|---|---|---|
| Surcharge after expiration - Late payment is unavoidable | $700.00 | $350.00 | $175.00 |
| Surcharge after expiration - Late payment is unintentional | $1,640.00 | $820.00 | $410.00 |
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