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METHODS AND SYSTEMS OF DETERMINING THE EFFECTIVENESS OF CAPITAL IMPROVEMENT PROJECTS

  • US 20110231213A1
  • Filed: 09/20/2010
  • Published: 09/22/2011
  • Est. Priority Date: 03/21/2008
  • Status: Abandoned Application
First Claim
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1. A method of quantitatively predicting an effectiveness of a proposed capital improvement project based on one or more previous capital improvement projects, said proposed capital improvement project and said one or more previous capital improvement projects each being representative of one or more physical assets and including one or more attributes, comprising:

  • (a) defining a first sample pool from said previous capital improvement project data in which said previous capital improvement project has been performed;

    (b) defining a second sample in which said previous capital improvement project has not been performed, the second sample pool including one or more attribute values that are the same as, or similar to, said attribute values for said first sample pool;

    (c) generating a performance metric for each of said first and second sample pools;

    (d) comparing said performance metric from the first sample pool with said performance metric from the second sample pool to determine a net performance metric; and

    (e) generating a prediction of effectiveness of said proposed capital improvement project concerning said at least one of said one or more physical assets based on said net performance metric.

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