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.
The World Trade Organization (WTO) has brought 159 member nations, responsible for 97 percent of world trade, under its fold over the past eighteen years, and helped reduce tariffs on goods and services and boost global economic output.