Method and apparatus for predicting project cost performance
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United States of America Patent
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May 22, 2012
Grant Date -
N/A
app pub date -
Jul 14, 2009
filing date -
Jul 14, 2009
priority date (Note) -
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Abstract
A computer implemented method and model to perform project scenario simulations to facilitate understanding the risks associated with various factors such as, for example, project schedules and volatility in the design requirements/specifications. In one example, the model includes a statistical definition of a relationship between the cost performance index for the model and project parameters, such as requirements volatility and lifecycle overlap.
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