The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Jan. 08, 2008
Filed:
Jul. 11, 2002
Abderrahim Labbi, Zurich, CH;
Abderrahim Labbi, Zurich, CH;
International Business Machines Corporation, Armonk, NY (US);
Abstract
This invention provides techniques, systems and apparatus for assessing risk associated with a project or a portfolio of projects. An example embodiment having a processor and a memory, includes storing operational values which corresponds to a different project. Each operational value is representative of a project operational parameter. A risk vector is generated for each project based on the set of operational parameters. The risk vectors are partitioned into groups of similar risk vectors having a set of membership rules. Probabilities that a new project belongs to respective groups are generated. A risk value indicative of the risk associated with the new project is generated based on the probabilities generated. In some embodiments, the technique also assesses portfolio risk and utilizes an optimization algorithm to estimate acceptable or desirable margins to charge for each project in a portfolio of projects.