Patent · US Active

System and method for calculating potential maximal price and share rate

US7962357B2 · kind B2 · utility

0Cited by
17References
25Claims
0Family size

Assignee

Inventors

Key dates

Filing dateFeb 29, 2008
Grant dateJun 14, 2011
Priority date
Expiry dateJul 25, 2029

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG06Q30/0283
  • WIPO fieldIT methods for management
  • WIPO sectorElectrical engineering

Abstract

System and method for determining maximal price for projects are provided. A project scope of a project based on a plurality of selected criteria is defined, and total cost of the project is estimated. A value model of the project is generated and estimated value of the project is determined using the value model. A composite object function that includes cumulative distributive functions of the total cost and of the estimated value is computed to determine potential maximal price or share rate or combinations thereof.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.