Fmr Corp.

Tom Mulligan

Igor Nikolaev

Dmitry Bisikalo

Sean Morris

Peter Keane

A computer-implemented method is provided for developing a model to estimate a probability of project success. The method includes maintaining a database of historical project management performance data including i) task information associated with at least one completed task and ii) member information associated with at least one team member. The method includes forming a predictive model based on the historical project management performance data. Forming a predictive model further includes formulating probability distributions to characterize one or more dependency relationships in the predictive model. Each probability distribution includes at least one probability determined based on the historical project management performance data.

Method and system for determining probability of project success

A computer-implemented method is provided for optimizing scheduling and resource allocation for a workflow. The method includes receiving i) resource information representing resources available for allocation to the workflow and ii) one or more workflow constraints. The method determines one or more probable sequences for executing the workflow. Each probable sequence includes tasks usable to execute at least a portion of the workflow. Each task is assigned a probability of task execution. The method assigns a probability of sequence execution to each of the probable sequences based on the probability of task execution of the tasks forming the probable sequence. The method further determines an optimized scenario for scheduling the workflow based on the probable sequences. The optimized scenario can have an optimized probability of completion.

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Co. Galway, Ireland

Tom Mulligan