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. At the center of free trade is the World Trade Organization (WTO), which describes itself as a forum for countries to negotiate trade agreements. Its objective is to liberalize trade by lowering barriers caused by high tariffs, quotas and protectionism through unilateral action on imports.