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.
What it is: The World Trade Organization (WTO) establishes rules of trade among its member nations. To this end, the WTO also handles trade disputes, monitors trade policies, provides technical assistance for developing countries and cooperates with other international trade organizations.The WTO was created on January 1, 1995, and is headquartered in Geneva, Switzerland.ow it works/Example: More than 140 countries belong to the WTO, and membership is voluntary. Some countries hold observer status with the WTO, which enables the country to follow discussions and matters of particular interest. Some WTO committees are for members only, however, and do not allow observers.