Method for reducing risk associated with a task

US8478627B2 · kind B2 · utility

Assignee

• International Business Machines Corporation · US

Inventors

• Murray R. Cantor · Westwood, US
• Sunita Chulani · San Jose, US
• Robert M. Delmonico · White Plains, US
• Vedakkedathu T. Rajan · Briarcliff Manor, US
• Avik Sinha · Greenbelt, US
• Giuseppe Valetto · Torino, IT
• Mark N. Wegman · Campion Road, US
• Clay E. Williams · New York, US
• Annie T. T. Ying · Vancouver, CA

Key dates

• Filing date: Feb 28, 2008
• Grant date: Jul 2, 2013
• Expiry date: Aug 11, 2030

Classification

• Technology area (CPC Y): Emerging Cross-Sectional Technologies
• CPC primary: Y02W90/00
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A method and system of reducing risk in the life cycle of a product, in one aspect, obtain one or more tasks required to achieve an overall task, determine risk impact of each task, the risk impact being an impact of each task on the likelihood of failure for the overall task and compute risk of overall task based on risk impacts of the tasks. The method and system utilize said risk impact of each task to schedule the tasks in such a way so as to reduce said risk of overall task as rapidly as possible.