The First Step in the PERT Method Is to Assign

question 284

True/False

The first step in the PERT method is to assign a cost to each activity.

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Definitions:

Profit Responsibility

The obligation and accountability of individuals or departments within an organization to achieve financial targets and contribute positively to the company's overall profitability.

The Toyota Way

A set of principles and behaviors that underlie the Toyota Motor Corporation's managerial approach and production system, emphasizing continuous improvement and respect for people.

Continuous Improvement

An ongoing effort to improve products, services, or processes by making incremental improvements over time or significant improvements all at once.