Determining estimation variance associated with project planning
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United States of America Patent
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Jul 15, 2014
Grant Date -
Dec 3, 2009
app pub date -
May 30, 2008
filing date -
May 30, 2008
priority date (Note) -
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Abstract
Method and system for determining estimation variance associated with project planning are provided. In one aspect, information associated with a project is obtained and initial estimations for the tasks in the project are determined using available information. The tasks are performed and actual measurements are obtained from the completed tasks. The actual measurements are used to revise the estimates of the remaining tasks. The revised estimates are used to compute a project level estimate and a variance on that estimate, and to enable better project management.
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