Patent ID: 7548883

Claim:
A computer-implemented method for managing risk related to a construction industry, the method comprising: indicating in a computer system that an entity is a construction industry entity according to the entity's engagement in at least one of: design, building, manufacture, repair and maintenance, of one or more man made structures; gathering data into the computer system generally related to one or more construction industry entities; receiving data into the computer system descriptive of details of a financial transaction involving a construction industry entity, wherein the data received comprises identification data for at least one construction industry entity; structuring the gathered data and the data relating details of the financial transaction according to risk quotient criteria; calculating in the computer system a risk quotient by referencing the structured data, wherein calculating the risk quotient criteria comprises a value determined by the steps of: associating a numerical weight with each of a plurality of reputational risk variables; associating one or more of the reputational risk variables with the data descriptive of details of a financial transaction; determining a numerical value based upon the content of the data descriptive of details of a financial transaction associated with the one or more reputational risk variables; and multiplying the numerical value based upon the content times the numerical weight associated with each of the reputational risk variables associated with the data descriptive of details of a financial transaction; and generating a report comprising the risk quotient and at least some of the structured data referenced to calculate the risk quotient.