Patent ID: 8099362

Claim:
A computer-implemented method of managing a construction project payment process, the method comprising the acts of: electronically generating a primary budget for a construction project including a plurality of primary budget line items, wherein a first participant is able to make changes to the primary budget; electronically assigning a first primary budget line item of the plurality of primary budget line items to a second participant of the construction project, the first primary budget line item including a budget amount; electronically generating a secondary budget for the first primary budget line item, the secondary budget including a plurality of secondary budget line items each including a budget amount, and wherein the second participant is able to make changes to the secondary budget; storing invoice amounts for one or more payments made to the second participant that correspond to the one or more secondary budget line items from the secondary budget; and electronically administering a draw that includes a new payment to the second participant for an invoiced amount corresponding to one or more secondary budget line items from the secondary budget only when a total sum of the invoice amounts for the one or more payments and the invoice amount for the new payment is less than or equal to the budget amount of the first primary budget line item.