Strengths, weakness, opportunities, and threats (SWOT) analysis used to determine where to apply special efforts to achieve desired outcomes. Entails listing:
- Strengths and how to take advantage of them.
- Weaknesses and how to minimize their impacts.
- Opportunities and how to capitalize on them.
- Threats and how to deal with them.
Tip excerpted from: The Professional's Guide to Maintenance and Reliability Terminology by Ramesh Gulati, Jerry Kahn and Robert Baldwin
