Integrated program for team-based project evaluation
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United States of America Patent
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Issued Date -
Apr 17, 2003
app pub date -
Sep 19, 2002
filing date -
Sep 19, 2001
priority date (Note) -
Abandoned
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Abstract
A computer-assisted method for evaluating a product development project comprises interactively defining a plurality of development scenario models, interactively assigning a probability to each of the plurality of development scenarios to produce a plurality of corresponding probabilities, calculating a net present value for each of the development scenario models to produce a plurality of corresponding net present values, and processing the probabilities and the net present values to calculate a probability-weighted net present value for the development project. The step of defining a plurality of development scenario models includes modeling cost-generating activities and income-generating activities.
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