Question: A project team member does not understand exactly what should and should not be included in the external SWOT analysis. This strategic analysis is often
A project team member does not understand exactly what should and should not be included in the external SWOT analysis. This strategic analysis is often called SWOT (strengths, weaknesses, opportunities, and threats) Analysis. Which statement best describes the external analysis? a. The external analysis (elements within the project team's control) consists of asking what strengths and weaknesses the organization possesses. b. The external analysis (elements over which the project team has little or no control) consists of opportunities and threats that are posed by external players such as competitors, suppliers, customers, regulatory agencies, and technologies. c. The external analysis uses Net Present Value by discounting the expected future value of both the project costs and benefits, recognizing that a dollar in the future is worth less than a dollar today. d. The external analysis uses the Internal Rate of Return by calculating the percentage return expected on the project investment
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