| A | B |
|---|
| SWOT analysis - | a decision-making tool; the acronym stands for strengths, weaknesses, opportunities, and threats |
| Retrospective - | looking backward to reflect upon past actions |
| Cost-benefit analysis | – a method of comparing the tangible/intangible costs of a project to the tangible/intangible benefits of the project |
| How can you know if a business project is proceeding successfully and on track? | A: By performing a SWOT analysis. |
| What is a SWOT analysis? | A: A decision-making tool consisting of determining the project‟s strengths, weaknesses, opportunities, and threats. |
| Why should a Project Retrospective be conducted? | A: To determine the changes that have been made to the overall project as well as improvements that could be made for future implementations of this project |
| Why conduct a cost-benefit analysis of a project? | A: A cost-benefit analysis compares the costs and benefits of a project. Ideally, the benefits will outweigh the costs, thus making a project successful |
| Strengths | Advantages |
| Weaknesses | disadvantages |
| Opportunities- | new developments or innovations |
| Threats- | obstacles |
