PERT is

Explanation:

PERT (Program Evaluation and Review Technique)

• PERT is a project management tool used to schedule, organize, and coordinate tasks within a project. It is an event-oriented technique designed to analyze and represent the tasks involved in completing a project. By focusing on events or milestones, PERT helps in planning and managing complex projects with numerous interdependent activities.
• PERT charts are created by identifying all the activities required to complete a project and the sequence in which they need to be executed. Each activity is represented as an arrow, and the events or milestones are represented as nodes. The technique estimates the shortest, longest, and most likely time required to complete each task, allowing for better planning and control over project timelines.

Applications: PERT is widely used in industries such as construction, software development, engineering, and research and development, where complex projects require detailed planning and coordination.