03 February 2012

3/2/12

This is our SWOT (strengths, weakness,opportunities and threats) analysis for the solar panel project.
Our strengths for this project is to be able to save electricity and reduced the amount of fossil fuel burn(lesser emission of greenhouse gases).
For weakness, the light captured may not be sufficient and the efficiency of the solar panel may not be 100%.
For opportunities, we are moving towards a greener environment and this project can also implement on other buildings like schools or condomium. It also can be implemented on the water catchment areas.
For threats, it had a longer duration of ROI and other companies may also produce products that are more efficient than our product.
The two strategic goals for our project is to ensure sufficient energy for future generation as fossil fuel is depleting rapidly and we hope to promote the use of solar energy. Solar panel can help to save electricity no matter how small the eletricity it is.
Reflection:
SWOT analysis is important as it tells us the strength and weakness of our project. Other than that, it also tells us the opportunities and the threats that we have for our project. From these analysis, we are able to set a goal for our team. Also, we will be able to know where are we going to improve on and why should we do it.

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