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Predicting likelihood of on-time product delivery, diagnosing issues that threaten delivery, and exploration of likely outcome of different solutions

  • US 9,251,484 B2
  • Filed: 05/31/2013
  • Issued: 02/02/2016
  • Est. Priority Date: 06/01/2012
  • Status: Active Grant
First Claim
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1. A method for predicting a probability distribution of completion times for a project, comprising:

  • receiving a set of unfinished tasks belonging to the project and attributes associated with the unfinished tasks;

    obtaining a probability distribution of an estimated effort needed to complete each of the unfinished tasks by a determination based on one or more of a set of completed tasks belonging to the project and attributes associated with the completed tasks belonging to the project, a set of completed tasks not belonging to the project and attributes associated with the completed tasks not belonging to the project, or combination of both;

    determining the probability distribution of completion time for the project based on the probability distribution of an estimated effort needed to complete each of the unfinished tasks;

    receiving one or more resource and scheduling constraints associated with the project, wherein the determining comprises determining the probability distribution of completion time for the project based on the probability distribution of an estimated effort needed to complete each of the unfinished tasks and on the one or more resource and scheduling constraints associated with the project; and

    building a task effort estimation model based on one or more of the set of completed tasks belonging to the project and attributes associated with the completed tasks belonging to the project, or the set of completed tasks not belonging to the project and attributes associated with the completed tasks not belonging to the project, or combination of both,wherein the determining of the probability distribution of an estimated effort needed to complete each of the unfinished tasks comprises applying the set of unfinished tasks belonging to the project and attributes associated with the unfinished tasks to the task effort estimation model.

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