Method of and system for evaluating financial risk...

Details Method of and system for evaluating financial risk... Method of and system for evaluating financial risk...

2011-01-25

2011-01-25

Kazimi, Hani (Department: 3691)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Finance

C705S035000, C705S002000

Reexamination Certificate

active

07877321

ABSTRACT:
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.

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Macomber Builders Kicks Off Second Century of Construction Excellence With Computer Methods, PR Newswire, New York: Apr. 22, 2004. p. 1.

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