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:
Jun. 14, 2011
Filed:
Feb. 29, 2008
Rong Z. Cao, Beijing, CN;
Wei Ding, Beijing, CN;
Shun Jiang, Beijing, CN;
Juhnyoung Lee, Yorktown Heights, NY (US);
Gregory C. Morris, Beacon Hill, AU;
Chunhua Tian, Beijing, CN;
Rong Z. Cao, Beijing, CN;
Wei Ding, Beijing, CN;
Shun Jiang, Beijing, CN;
Juhnyoung Lee, Yorktown Heights, NY (US);
Gregory C. Morris, Beacon Hill, AU;
Chunhua Tian, Beijing, CN;
International Business Machines Corporation, Armonk, NY (US);
Abstract
System and method for determining maximal price for projects are provided. A project scope of a project based on a plurality of selected criteria is defined, and total cost of the project is estimated. A value model of the project is generated and estimated value of the project is determined using the value model. A composite object function that includes cumulative distributive functions of the total cost and of the estimated value is computed to determine potential maximal price or share rate or combinations thereof.