首页|Patent Issued for Portfolio performance prediction (USPTO 12033215)
Patent Issued for Portfolio performance prediction (USPTO 12033215)
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From the background information supplied by the inventors, news correspondents o btained the followingquote: “The goal of project management is a successful exe cution of a project or portfolio of projects.For example, meeting time constrai nts or schedules, budget constraints and resource usage are common objectives of project management that typically determine success or failure of a project or portfolio ofprojects. Project executions have uncertainties associated with suc h parameters as schedule slippages andcosts overruns/underruns.“Portfolio Performance Prediction enables portfolio owners to predict the costs, benefits, and risks oftheir portfolios, including expected values and uncertai nties. That is, the ability to accurately predict aperformance of a project or portfolio of projects given allocated resources and time constraints is essential to project management to enable the provisioning and/or adjustment of an amoun t of resources and/ortime to be provided for a successful completion of a proje ct or portfolio of projects.”