Answer: True
Explanation: PERT which is an acronym for project evaluation and review technique is utilized more in projects where time is the primary component instead of cost.It is normally used in conjunction with the finite sequence of well-defined, computer applicable instructions to solve problems that are used for listing a set of project activities. It can also be put to practical use on a very big hierarchy or infrastructure that consists of many different but connected parts and also on study and advancement projects.