Patents Assigned to Project Risk Analytics, LLC
  • Publication number: 20120284072
    Abstract: Risk Analytics Management—Integrated Process (“RAM-IP”), a computerized method for project optimization, process control and performance management based on a risk management framework. A project comprises a plurality of risk sources, e.g., nine, that are managed from Day One by establishing a plurality of risk streams, e.g., 32, that break down the risk at each source. Each risk stream is divided into a plurality of risk control steps, each of which is assigned a risk owner who works with various information inputs to manage a set of control deliverables and to control risk at each source. The project timeline is based on a sequence of critical milestones connected to completion of such control steps, all based on risk assessment and control. Technical, financial and process governance are process integrated. In a complex project, there may be thousands of control deliverables, requiring a software basis for continuous tracking, coordination, and updating.
    Type: Application
    Filed: April 10, 2012
    Publication date: November 8, 2012
    Applicant: Project Risk Analytics, LLC
    Inventors: Salvatore Mazzeo, Elena Kit-Ying Keung-Lee