Asked by Chris Turner on Jun 07, 2024
Verified
The process of coping with uncertainty by formulating future courses of action to achieve specified results refers to
A) PERT.
B) planning.
C) pareto analysis.
D) the project life cycle.
E) controlling.
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.
- Identify the main components and importance of planning in management.
Verified Answer
Learning Objectives
- Identify the main components and importance of planning in management.
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