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