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\nWhat is SWOT Analysis? Useful tool for Project Managers\n

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\nSWOT Analysis is a well-known tool. And rightly so!It is simple, yet it is also flexible and powerful.As a project manager, SWOT Analysis is one of those tools that you can use in may circumstances. So it's a great resource to have in...\nSWOT Analysis is a well-known tool. And rightly so!
It is simple, yet it is also flexible and powerful.

As a project manager, SWOT Analysis is one of those tools that you can use in may circumstances. So it's a great resource to have in your pocket when you need it.

SWOT Stands for…
- Strengths
- Weaknesses
- Opportunities
- Threats

SWOT Analysis will help you identify and understand two things:
1. The present state and
2. Your readiness for the future

In Project Management, you can use SWOT Analysis for:
• Personal development
• Organizational strategy
• Learning Lessons

A particularly good use for SWOT Analysis in Project Management is a team SWOT analysis. It's a great tool to use in a project kick-off meeting because it can help you with:
• Getting to know one another
• Role allocations
• Supporting the development of your team members
• Risk assessment
• Gap analysis (what additional team members may be needed)

SWOT Analysis looks at the present:
Strengths & Weaknesses
The key to this is ruthless honesty and objectivity.

SWOT Analysis looks at the future:
Opportunities & Threats
You may need a tool to help you see into the future
• People often use PESTLE analysis*
• I prefer my own SPECTRES framework, which I explain in the video.

* PESTLE Analysis looks at future trends in the domains of:
- Politics
- Economy
- Society
- Technology
- Legislation
- Environment\n
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Resource Details

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Media Length
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6:13
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Grade
10th - Higher Ed
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Subjects
Career & Technical Education
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Media Type
Instructional Videos
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Source:
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\nOnline PM Courses\n\n
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Date
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2020
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Language
English
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Audiences
For Teacher Use
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Usage Permissions
Fine Print: Educational Use
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Concepts

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safety, strengths, risks, resources
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Additional Tags

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swot analysis, swot, pestle, pestle analysis, spectres, spectres analysis, strengths and weaknesses, opportunities and threats, business analysis, strategic tools, strategy tools, project management, project tools, project management tools, personal development, project managers, present state, people, project, present, opportunities, stands, threats, good, weaknesses, video, readiness, future, analysing, make, plans, valuable, number, meeting, helps, finally, sources, talking
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