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With PERT, We Are Able to Calculate the Probability of Finishing

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With PERT, we are able to calculate the probability of finishing the project within a specified time.


Definitions:

Gross Domestic Product

The total monetary value of all goods and services produced within a country's borders in a specific time period, used as a broad measure of economic activity.

Gross Domestic Product

The aggregate market or monetary valuation of all completed products and services generated inside the boundaries of a country during a designated period.

Final Good

A product or service that is consumed by the end user and does not require further processing or manufacturing.

Restaurant

A business establishment where meals or refreshments may be purchased and consumed by patrons.

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