Inventors:
Roger N. Anderson - New York NY, US
Albert Boulanger - New York NY, US
Samantha Cook - New York NY, US
John Johnson - Belle Harbor NY, US
Assignee:
THE TRUSTEES OF COLUMBIA UNIVERSITY IN THE CITY OF NEW YORK - New York NY
International Classification:
G06Q 10/00
Abstract:
The present application provides methods and systems for quantitatively predicting an effectiveness of a proposed capital improvement project based on one or more previous capital improvement projects representative of one or more physical assets and including one or more attributes that includes defining a first sample pool from the previous capital improvement project data in which said previous capital improvement project has been performed, defining a second sample in which the previous capital improvement project has not been performed, the second sample pool including one or more attribute values that are the same as, or similar to, the attribute values for the first sample pool, generating a performance metric for each of the first and second sample pools, comparing the performance metric from the first sample pool with the performance metric from the second sample pool to determine a net performance metric, and, generating a prediction of effectiveness of the proposed capital improvement project concerning based on said net performance metric.