Patent ID: 8606615
Filing Date: 2013-12-10
Classification: G06Q

Abstract:
1. A method for managing and tracking an inventory of elements, the method comprising: maintaining a database comprising a plurality of elements; assigning an owner to each element, wherein an owner is an individual primarily responsible for the implementation of an element; identifying relationships between elements, wherein a change in a first element causes a change in implementation of a second element; monitoring, via a computing device processor, the plurality of elements to identify a change to the first element; creating an event when the change is material, the event comprising at least one activity that must be completed to incorporate the change for the second element; notifying the owners of the second element of the event; monitoring, via the computing device processor, changes to the plurality of elements to determine when all of the activities required by the event are completed; requesting a final confirmation from all of the owners of elements related to the element with the change, once all activities in the event have been completed, that no further changes are required; wherein assigning an owner to each element comprises: identifying an element in need of a new owner; selecting a new owner for the element, wherein select the new owner for the element comprises: sending a notification to a manager of the previous owner requiring the manager to specify the new owner; determining if the manager responds to the notification within a preset period of time; and sending a notification to a higher level manager in a management hierarchy when the manager does not respond to the notification within the preset period of time; and communicating ownership of the element to the new owner wherein the new owner must confirm ownership of the element.