Patent ID: 8374905

Claim:
A computer implemented method of predicting a success of a currently proposed project, the computer implemented method comprising: a processor receiving responsive answers to a survey questionnaire for a currently proposed project, wherein questions from the survey questionnaire are directed to details of how a contract between a vendor and a customer for the currently proposed project was created, wherein the survey questionnaire comprises a set of subjective questions related to the currently proposed project and a set of objective questions related to the currently proposed project, wherein the set of subjective questions comprises questions that are directed to past interpersonal relationships between the vendor and the customer, a vendor-favorability index of a structure of the contract, a level of involvement with drafting of the contract by the customer, a level of interaction between a proposal team and a risk manager of the vendor in creating the contract, a level of interaction between the proposal team and other enterprise divisions of the vendor, and a quantity of past vendor projects that are substantially similar to the currently proposed project, wherein the set of objective questions comprises questions that are directed to a quantity of customer interactions within a past predefined period on another project, a quantity of proposed projects submitted from the vendor to the customer during the past predefined period, and a difference in success between an initial bid and a final bid by the vendor for the currently proposed project, the processor identifying a pattern of responsive answers to a predetermined combination of questions from the survey questionnaire; and the processor creating a predicted success score for the currently proposed project based on the pattern of responsive answers to the predetermined combination of questions from the survey questionnaire, wherein the predicted success score describes a likelihood of success for the currently proposed project before project commencement.