Patent ID: 8775224

Claim:
A method for dynamic specification of a business value by a discovered resource, comprising: receiving data at an input interface, transferring the data to a processor, identifying, by the processor using the data, at least one resource within at least one subsystem of a business system, wherein the identifying includes at least one of registering and discovering, and wherein the at least one resource includes at least one of computer hardware and software stored on computer hardware, wherein the registering includes reporting metadata associated with the at least one resource, and the discovering includes referencing a registration process for the at least one resource, specifying, by the processor, a business value for the at least one resource in response to the identifying, wherein the business value is particular to the subsystem, is dependent upon the interaction between the at least one resource and at least one other resource in the at least one subsystem, and is particular to the business system in which the at least one resource resides, applying an adjustment to the business value for the at least one resource to obtain an adjusted business value for the at least one resource, storing the adjusted business value for the at least one resource in a storage system, computing, by the processor, a business value for the at least one subsystem as a whole, wherein the business value for the at least one subsystem is dependent upon and is different from the adjusted business value for the at least one resource, applying an adjustment to the business value for the at least one subsystem to obtain an adjusted business value for the at least one subsystem, computing, by the processor, a business value of the entire business system, wherein the business value of the entire business system is based upon and is different from the adjusted business value for the at least one subsystem, and applying an adjustment to the business value of the business system to obtain an overall adjusted business value for the business system.