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.:

US 9785904 B1

PDF
Full Text
Expired
Date of Patent:
Oct. 10, 2017

Filed:

May. 25, 2010
Applicants:

Patrick C. Feder, San Francisco, CA (US);

Michael J. Burris, Plano, TX (US);

Inventors:

Patrick C. Feder, San Francisco, CA (US);

Michael J. Burris, Plano, TX (US);

Assignee:
Attorney:
Primary Examiner:
Assistant Examiner:
Int. Cl.
CPC ...
G06Q 10/00 (2012.01); G06Q 10/06 (2012.01);
U.S. Cl.
CPC ...
G06Q 10/0639 (2013.01); G06Q 10/067 (2013.01); G06Q 10/06313 (2013.01); G06Q 10/06375 (2013.01);
Abstract

The difference between estimated costs predicted for performing a first workscope and actual costs for performing the first workscope is determined. The model used to generate the estimated costs is adjusted to compensate for the difference, resulting in an improved model. Before beginning a second scope of work that is comparable to the first workscope, the improved model is used to predict estimated costs and a price for the second workscope. The estimated costs for the second workscope include predicted productivity gains. The price for the second workscope can be reduced relative to the price for the first workscope as a result of the improved model and the predicted productivity gains.


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