Patent ID: 8510229
Filing Date: 2013-08-13
Classification: G06Q

Abstract:
1. A method for analyzing project efficiency, comprising: identifying a set of deliverables common to a plurality of completed projects; determining a weight for each deliverable of the set of deliverables based on an evaluation of accumulated project data for the plurality of completed projects, wherein the weight comprises a measure of the value of a project earned by completion of a deliverable of the set of deliverables; assigning the set of deliverables and the weight for each deliverable to a plurality of projects; determining a status of each deliverable of the set of deliverables for a project of the plurality of projects, where the status indicates that the deliverable has at least been started; computing, by one or more computers, an earned value for the project using the weight associated with each deliverable that has at least been started; calculating, by the one or more computers, a current cost for the project based on an amount of budgeted funds spent on the project, where the budgeted funds spent on the project is calculated based on at least one of actual funds and budgeted hours; calculating a project efficiency by dividing the earned value by the current cost; calculating an end of state cost by dividing a budget cost for the project by the project efficiency; and outputting, by an output device, at least one of the earned value, the current cost, the project efficiency, and the end of state cost.