METHOD OF AND SYSTEM FOR EVALUATING FINANCIAL RISK ASSOCIATED WITH A CONSTRUCTION PROJECT

Patent №

US 7,877,321

Granted

2011-01-25

Filed 2006

Owner

TEXTURA, LLC

Lab

AI components

2

planning · hardware

Assignment

Recorded

Dataset

AIPD

2023_r1 edition

Application

11358918

A system and method for managing a construction payment process. One method embodying the invention can include evaluating financial risk associated with a construction project by electronically aggregating construction project data associated with participants in a construction project, the data aggregated from a software application that manages payment workflows for the construction project; establishing financial metrics based on the project data; and evaluating at least one of either the metrics or the project data to determine financial risk associated with the project.

PlanningAI hardwareG06Q 50/08G06Q 30/00G06Q 40/00G06Q 40/03G06Q 50/16

AI classification

Planning1.00
AI hardware0.60
Knowledge representation0.47
Evolutionary computation0.06
Machine learning0.03
Natural language0.01
Vision0.00
Speech0.00

Ownership

TEXTURA, LLC

assignment · 174780747

Assignors

ALLIN, PATRICK J., EICHHORN, WILLIAM H., CHERRY, CHARLES C.

On an employer assignment, the assignors are typically the inventors.

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