System and method for monitoring risk in a system development program
First Claim
1. A method for monitoring risk related to a successful completion of a development project comprising the steps of:
- determining a plurality of variables relating to said successful completion of said development project;
projecting a respective baseline of each of said plurality of variables for said successful completion of said development project;
collecting data values related to each of said plurality of variables over a period of time;
producing a rules module having therein rules based on knowledge developed from one or more experts relating to said plurality of variables for interpreting said data values with respect to said respective baseline;
utilizing said rules module, said data values and said respective baseline for said plurality of variables for determining a plurality of risk levels related to a probability of one or more undesirable events; and
providing a visual output representative of said plurality of risk levels.
2 Assignments
0 Petitions
Accused Products
Abstract
A computerized system and method are provided that may be used to project a plurality of risk levels that may develop during the course of a large development project. A plurality of inputs are stored and converted for use to a metric that is used by an expert knowledge rule based system to determine a plurality of risk levels that develops relating to successful completion of a large development program with respect to elements such as cost, time of delivery, and quality. A plurality of outputs are provided in a form that can be used by a program manager to reduce the level of risk that may arise. In a preferred embodiment, the plurality of outputs are provided in a quantified manner that may relate to a probability of failure of one or more aspects of the development program. The rules are based on the knowledge and experience of experts and are predetermined so that risk levels are objectively quantified prior to beginning the project rather than subjectively determined during the course of the project. The system can be implemented on a PC and can be used by a metric analyst or program manager.
182 Citations
23 Claims
-
1. A method for monitoring risk related to a successful completion of a development project comprising the steps of:
-
determining a plurality of variables relating to said successful completion of said development project;
projecting a respective baseline of each of said plurality of variables for said successful completion of said development project;
collecting data values related to each of said plurality of variables over a period of time;
producing a rules module having therein rules based on knowledge developed from one or more experts relating to said plurality of variables for interpreting said data values with respect to said respective baseline;
utilizing said rules module, said data values and said respective baseline for said plurality of variables for determining a plurality of risk levels related to a probability of one or more undesirable events; and
providing a visual output representative of said plurality of risk levels. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10)
-
-
11. An expert system for determining risk in a development project, comprising:
-
a first plurality of rules for identifying and monitoring a plurality of risk factors each of said plurality of rules being based on expert knowledge;
a plurality of inputs for said expert system comprising data related to each of said plurality of risk factors for monitoring during said development project, each of said plurality of inputs being associated with a quantifiable value;
a database for storing each of said plurality of inputs, said database being operable for storing a history of each of said plurality of inputs;
a plurality of projected base levels for each of said plurality of risk factors, said database storing said plurality of projected base levels; and
a computerized program using said plurality of rules for evaluating said plurality of said inputs with respect to said quantifiable and weighted value and for comparison with said plurality of projected base levels for determining a plurality of outputs related to said plurality of risk factors. - View Dependent Claims (12, 13, 14, 15, 16, 17, 18, 19, 20, 21)
-
-
22. A method for monitoring risk related to a successful completion of a development project comprising the steps of:
-
providing a plurality of inputs related to risk to said successful completion of said development project;
storing historical values of each of said plurality of inputs in a database;
providing a respective base line projection for each of said plurality of inputs for said development project;
providing a plurality of rule based risk assignment algorithms for predicting risk based on said plurality of inputs and said respective base line projection for each of said plurality of inputs; and
providing a visual output representative of said plurality of risk levels plotted with respect to time. - View Dependent Claims (23)
-
Specification