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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What is Project SWOT Analysis?
What is Project SWOT Analysis?  

What is Project SWOT Analysis?


Project SWOT Analysis is a kind of situation analysis in which internal strengths and weaknesses of an organization, as well as external opportunities and threats faced by this organization are identified and closely examined to develop an effective strategy for managing projects. This analysis aims to create a project environment in a way that takes great advantage of abilities and opportunities the organization has.

 SWOT analysis is an important part of the project planning process. It helps uncover opportunities and identify threats before a project is designed and scheduled. By understanding internal weaknesses and strengthens, an organization can identify and evaluate external factors (opportunities and threats) that are favorable or unfavorable to achieving project objectives. Through the analysis the organization manages and eliminates any threats that could otherwise cause uncertainty or even failure.

 SWOT analysis in project management means that a project-oriented organization has:

  • Strengths that help achieve project goals
  • Weaknesses that stop or prevent achievement of project goals
  • Opportunities that provide alternative ways for achieving project goals
  • Threats that can damage or break the project environment.

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