Patents by Inventor Ranapratap Lavu

Ranapratap Lavu 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).

  • Web-based risk management tool and method
    Patent number: 7698148
    Abstract: The present invention provides a risk management tool and method for creating an improved initial risk management process that captures, assesses, and prioritizes risks and implements mitigation plans to more effectively manage risk in large-scale development projects. A web-based system allows users and management to share and access risk information to more readily identify and assess risks, develop mitigation plans and track the risk management process. The tool and specifically the Pf and Cf tables are tailored to each project to more accurately calculate and prioritize risk factors RF and thus anticipate and minimize or eliminate risks before they occur. The demonstrated value of the tool is found in timely deliveries and a reduction of cost overruns as well as an increase in customer enhanced award fees.
    Type: Grant
    Filed: September 12, 2003
    Date of Patent: April 13, 2010
    Assignee: Raytheon Company
    Inventors: Ranapratap Lavu, John F. Michel, Michael P. Peyton, Jose Soto, Niccolo Garbarino, Mathew H. Bosse
  • Web-based risk management tool and method
    Publication number: 20050060213
    Abstract: The present invention provides a risk management tool and method for creating an improved initial risk management process that captures, assesses, and prioritizes risks and implements mitigation plans to more effectively manage risk in large-scale development projects. A web-based system allows users and management to share and access risk information to more readily identify and assess risks, develop mitigation plans and track the risk management process. The tool and specifically the Pf and Cf tables are tailored to each project to more accurately calculate and prioritize risk factors RF and thus anticipate and minimize or eliminate risks before they occur. The demonstrated value of the tool is found in timely deliveries and a reduction of cost overruns as well as an increase in customer enhanced award fees.
    Type: Application
    Filed: September 12, 2003
    Publication date: March 17, 2005
    Inventors: Ranapratap Lavu, John Michel, Michael Peyton, Jose Soto, Niccolo Garbarino, Mathew Bosse