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CAPM Practice: Demonstrate an understanding of common problem-solving tools and techniques

Question 92 of 106 in Demonstrate an understanding of common problem-solving tools and techniques

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A project manager uses SWOT analysis during a project problem-solving session. Identified 'opportunities' are BEST described as:

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Correct answer: External positive factors the project team can exploit to their advantage

Explanation

In SWOT analysis: Strengths and Weaknesses are internal factors; Opportunities and Threats are external. Opportunities are positive external conditions or trends that the project can leverage to improve outcomes, such as new technologies, favorable regulations, or market conditions.

**Why not A:** Internal weaknesses describe the "W" (Weaknesses) in SWOT, not the "O" (Opportunities). Weaknesses are internal factors that need to be mitigated, while opportunities are external positive factors.

**Why not C:** External negative conditions describe the "T" (Threats) in SWOT. Threats are external factors that could harm the project, while opportunities are external factors that could benefit the project. Both are external, but they differ in their positive versus negative nature.

**Why not D:** Internal capabilities that provide a competitive edge describe the "S" (Strengths) in SWOT. Strengths are internal positive factors, while opportunities are external positive factors. The internal versus external distinction is a fundamental element of SWOT analysis.

Key Concept

This question covers Demonstrate an understanding of common problem-solving tools and techniques under Demonstrate an understanding of common problem-solving tools and techniques (Project Management Fundamentals and Core Concepts).

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