Both SWOT and PESTLE are strategic analysis tools that affect the success of any strategy for bringing or managing change in an organisation. SWOT- stands for Strengths, Weaknesses, Opportunities, and Threats that helps in analysing both internal and external factors that affect the organisation. PESTLE stands for Political, Economic, Social, Technological, Legal and Environment, which are external factors and the organisation has no control over it but they can be anticipated to some extent.
Having their understanding facilitates in the conduct of an organizational analysis that recognizes the existing condition, problems, and the forces that are probable reasons for such problems.
The selection of a change strategy based on these analyses aid in specifying the pace of change, the amount of planning, the level of participation of people, etc. that is consistent with organisational objectives.
The standards and actual work is compared for the deviation to be corrected.
Alignment of project with company priorities, expectations of stakeholders and the needs that project meets, are few points considered in this component.
2. List of project requirements and objectives-
The needs of stakeholders are analysed and set of requirements are determined for achieving it.
All the project details are finalized and recorded, and communicated to the people to reduce the cost of miscommunicatio
4. List of deliverables and estimated due dates-
It involves determining what is to be produced and by when.
Gantt chart may be used to map out work, set due dates and mark any dependencies.
The level of risk tolerance, potential hazards and opportunities are identified, and action plan is created.
The responsibilities of each person on project team and stakeholders are defined and clarified.
It includes team’s time, budget, materials, etc.
Outlining of communication requirements with stakeholders or project owners, updates expected by them, delegation of decisions, independent decisions, decisions that need to be approved, etc. are involved here.