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Marty and Janelle have dated for a few months and are planning on getting married next year. Marty graduated from college two years ago and has a good job as an architect. Janelle is a few years younger and although she didn't finish college, she enjoys her job as an assistant at the pet clinic. Marty and Janelle are an example of:
PERT
An acronym for Program Evaluation and Review Technique, a statistical tool used in project management, designed to analyze and represent the tasks involved in completing a given project.
Pareto Analysis
A method used in quality control and business to identify the few critical causes that account for most of an effect, enabling prioritization of effort.
Project Life Cycle
The series of phases that a project goes through from its initiation to its closure.
Variable Costs
Expenses that vary directly with the level of production or output, such as materials and labor costs.
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