Tasked with outsourcing his organization’s Call Center to a local vendor, Jozef isn’t quite sure his team’s thought of all the potenital risks facing his project. He truly believes there are a lot of internal risks in addition to the others the team’s thought of thus far, but decides a deeper look is needed to also look at how his company’s strengths may offseat some of the weaknesses of their chosen path and what unexplored opportunities might have been overlooked.
A: Assumption and Constraint Analysis
B: Document Analysis
C: SWOT Analysis
D: Root Cause Analysis
Source: ThorTeaches.com PMP practice tests
SWOT analysis. This technique examines the project from each of the strengths, weaknesses, opportunities, and threats (SWOT) perspectives. For risk identification, it is used to increase the breadth of identified risks by including internally generated risks. The technique starts with the identification of strengths and weaknesses of the organization. SWOT analysis then identifies any opportunities for the project that may arise from strengths, and any threats resulting from weaknesses. The analysis also examines the degree to which organizational strengths may offset threats and determines if weaknesses might hinder opportunities.