Computer system and method for tracking the impact of a change event
US12118485B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Aug 15, 2022 |
| Grant date | Oct 15, 2024 |
| Priority date | — |
| Expiry date | Aug 15, 2042 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q50/08
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Disclosed herein is a software application for tracking the impact of a change event on a budget for a project. In one aspect, a computing system may receive user input defining a given change event that comprises a line item, and setting an estimated revenue for the line item to a dynamic amount that is to track a most-firm cost for the first line item. Based on the received user input and the estimated revenue for the line item, the computing system may create a data record that represents the given change event, detect a more-firm cost available for the line item, and based on detecting the more-firm cost available for the line item, (i) determine an updated most-firm cost for the line item and (ii) determine an updated estimated revenue for the line item to track the updated most-firm cost for the line item.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.