SWOT Analysis

SWOT analysis is a strategic planning tool used to identify and evaluate the Strengths, Weaknesses, Opportunities, and Threats related to a project or business.
Strengths refer to internal attributes that are beneficial to achieving objectives.
Weaknesses are internal factors that may hinder progress or performance.
Opportunities are external conditions that could be advantageous for growth or success.
Threats are external challenges that could pose risks to the organization or project.
This framework helps organizations understand their competitive position and develop strategies for improvement and growth.