Method and system for risk-hedging in project management
US8121916B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Mar 22, 2007 |
| Grant date | Feb 21, 2012 |
| Priority date | — |
| Expiry date | May 4, 2030 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/00
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A computer program product stored on machine readable media including machine readable instructions for selecting a project portfolio from available projects, the instructions for implementing a method include inputting an investment cost and a return for each available project and user-specified constraints; creating a formulation, the formulation comprising the investment cost and the return for each available project, the constraints and variables, the variables comprising for each available project a threshold probability of success and a selection decision; solving the formulation to select the project portfolio and to determine the threshold probability of success for each available project; and outputting the project portfolio and the threshold probability of success for each available project.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.