Program evaluation and review technique. The program (or project) evaluation and review technique, commonly abbreviated PERT, is a statistical tool, used in project management, which was designed to analyze and represent the tasks involved in completing a given project.
Quick Answer. According to its own website, the purpose of the World Trade Organization, WTO, is to monitor WTO trade agreements, facilitate trade negotiations, mediate trade disputes, monitor international trade policies and provide assistance to developing economies.
World Trade Organization (WTO) an international organization that was established in 1995 to administer the international trading system. The WTO took over the activities and responsibilities of its predecessor, the General Agreement on Tariffs and Trade (GATT), which was set up in 1947 to promote FREE TRADE.