One advantage of a SWOT analysis is that it is easy to perform and the only cost is the time committed to it, according to ProjectSmart.co.uk, a reputable online project management resource.

The opportunities (O) and threats (T) sections help the company project ... Employ your management team in the strategic planning to help reap the benefits of SWOT analysis. You may recognize ...

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This stage may require substantial debate among analysis participants, including bringing in upper management to help rank priorities. Convert the SWOT analysis into a strategic plan. Members of ...