Michael P Peyton

Title: Michael P Peyton - Innovator in Risk Management Technology

Introduction

Michael P Peyton is a notable inventor based in Tucson, AZ (US). He has made significant contributions to the field of risk management through his innovative patent. His work focuses on improving processes that help organizations manage risks effectively, particularly in large-scale development projects.

Latest Patents

Michael P Peyton holds a patent for a web-based risk management tool and method. This invention provides an enhanced initial risk management process that captures, assesses, and prioritizes risks while implementing mitigation plans. The web-based system allows users and management to share and access risk information, facilitating the identification and assessment of risks. The tool is designed to tailor risk factors to each project, enabling more accurate calculations and prioritization of risks. The demonstrated value of this tool includes timely deliveries, reduced cost overruns, and increased customer award fees.

Career Highlights

Michael is currently employed at Raytheon Company, where he applies his expertise in risk management. His innovative approach has contributed to the company's success in managing complex projects. His patent reflects his commitment to enhancing risk management processes and delivering value to clients.

Collaborations

Michael has collaborated with notable colleagues, including Ranapratap Lavu and John F Michel. Their teamwork has fostered an environment of innovation and excellence within their projects.

Conclusion

Michael P Peyton is a distinguished inventor whose contributions to risk management technology have made a significant impact in his field. His innovative patent exemplifies his dedication to improving processes that enhance project outcomes.