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Construction industry risk management clearinghouse

  • US 20040083165A1
  • Filed: 08/01/2003
  • Published: 04/29/2004
  • Est. Priority Date: 03/20/2001
  • Status: Active Grant
First Claim
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1. A computer-implemented method for managing risk related to a construction industry, the method comprising:

  • indicating in a computer system that an entity is a construction industry entity according to the entity'"'"'s engagement in at least one of;

    design, building, manufacture, repair and maintenance, of one or more man made structures;

    gathering data into the computer system generally related to one or more construction industry entities;

    receiving data into the computer system descriptive of details of a financial transaction involving a construction industry entity, wherein the data received comprises identification data for at least one construction industry entity;

    structuring the gathered data and the data relating details of the financial transaction according to risk quotient criteria;

    calculating a risk quotient by referencing the structured data; and

    generating a report comprising the risk quotient and at least some of the structured data referenced to calculate the risk quotient.

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