Patents by Inventor Olli Pentti Petteri Seppanen

Olli Pentti Petteri Seppanen has filed for patents to protect the following inventions. This listing includes patent applications that are pending as well as patents that have already been granted by the United States Patent and Trademark Office (USPTO).

  • Patent number: 7752020
    Abstract: A method for modeling construction risk is provided. The method includes providing a statistical model for each of a plurality of location-based tasks of a construction project model. A model parameter is randomly selected for each of the plurality of statistical models to generate a statistically-based duration for each of the location-based tasks. A schedule duration is then calculated using the statistically-based durations of the location-based tasks, and the steps of providing, randomly selecting, and calculating are repeated until a statistical distribution for the construction project model is generated, such as using a Monte Carlo analysis procedure.
    Type: Grant
    Filed: August 11, 2006
    Date of Patent: July 6, 2010
    Assignee: Vico Software Kft.
    Inventors: Olli Pentti Petteri Seppanen, Ilkka Pentti Samuli Pelkonen, Tim Marec Wessman
  • Publication number: 20080126025
    Abstract: A method for modeling construction risk is provided. The method includes providing a statistical model for each of a plurality of location-based tasks of a construction project model. A model parameter is randomly selected for each of the plurality of statistical models to generate a statistically-based duration for each of the location-based tasks. A schedule duration is then calculated using the statistically-based durations of the location-based tasks, and the steps of providing, randomly selecting, and calculating are repeated until a statistical distribution for the construction project model is generated, such as using a Monte Carlo analysis procedure.
    Type: Application
    Filed: August 11, 2006
    Publication date: May 29, 2008
    Inventors: Olli Pentti Petteri Seppanen, Ilkka Pentti Samuli Pelkonen, Tim Marec Wessman