Rico Gen, a sports apparel manufacturing company, maintains a target of increasing its sales by 20 percent per month to achieve its goal of expanding its business in the international market. In the context of the language of the Program Evaluation and Review Technique (PERT) and the Critical Path Method (CPM), the monthly targets achieved by Rico Gen are known as _____.

Question

Quizplus · Accepted Answer

Milestones in the context of PERT and CPM refer to significant points or events in a project timeline, such as the achievement of specific targets or goals. Rico Gen's monthly sales targets, aimed at expanding its business internationally, can be considered milestones as they represent specific, significant achievements in the timeline of the company's expansion efforts.

Rico Gen, a Sports Apparel Manufacturing Company, Maintains a Target