Method and apparatus for predicting project outcomes

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United States of America Patent

PATENT NO 8818756
SERIAL NO

11098249

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Abstract

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A method and apparatus are provided for predicting the outcome of a project and, if needed, increasing its likelihood of success. Numerical values are assigned to a set of predetermined factors affecting the outcome of the project. The values are assigned based on a subjective evaluation of each factor with respect to the project. The factors include the duration of the project, the performance integrity of persons involved in implementing the project, the perceived commitment of senior management to the project, the local commitment to the project and the effort required to implement the project. A score is calculated based on the values assigned to the factors. The score is applied to empirical data on prior project outcomes and scores to determine the probability of success of the project. If desired, project changes can be implemented and new values assigned to one or more factors to improve the score and increase the probability of success of the project.

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Patent Owner(s)

Patent OwnerAddress
THE BOSTON CONSULTING GROUP INC200 PIER 4 BOULEVARD BOSTON MA 02210

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Conlon, Kathleen Sydney, AU 2 1
Jackson, Alan Auckland, AU 16 131
Keenan, Perry Auckland, NZ 2 1

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