Patent ID: 8626698
Filing Date: 2014-01-07
Classification: G06Q

Abstract:
1. A computer-implemented method for calculating a probability of project success for a new project, the method comprising: maintaining, by a computing device, a database of historical project management performance data including i) project information associated with at least one completed project and ii) member information associated with at least one team member; forming, by the computing device, a predictive probabilistic graphical model, wherein forming the predictive probabilistic graphical model comprises: calculating, by the computing device, the probability of project success of the new project by defining the at least one conditionally independent variable of the predictive probabilistic graphical model and solving the success variable in the context of the predictive probabilistic graphical model; and refining, by the computing device, the predictive probabilistic graphical model using additional historical project management performance data by altering at least one of the plurality of variables, conditional dependency relationships or conditional distributions.