Strength And Swot Analysis: SWOT Analysis In Mumbai

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SWOT ANALYSIS: SWOT analysis is simple technique to understand your strength and weaknesses and identifying both the opportunity is open for you and threat you face. SWOT (Strength, Weakness, Opportunities, and Threats) is most simple framework to decide strength, weaknesses, opportunities and threat to organisation/project. A SWOT analysis can be carried out for a company, product, place, industry, or person. It includes indicating the target of the business wander or extend and recognizing the inner and outside components that are positive and negative to accomplish that goal. Threats: Threat is defined as a person or a thing which is likely to cause a damage or danger. The possible threats are decided…show more content…
change of government policies, involvement of political members in such kind of project affect the project) implication and changes of taxes on properties and material, changes of law that affects the growth of under construction…show more content…
earthquake, flood, tsunami, and cyclone) affect such project and acts as a big threat to such kind of a mega project. It is situated in Mumbai which is on the coastal, earthquake can cause very severe effect on the construction as well as there is possibility of tsunami too. Terrorist attack: Terrorist attack as act as a threat affecting the reputation, health and safety as well as building durability (e.g., bomb explosion can damage the building as well as cause fatal damage). In 2011 there was a massive terrorist attack on many places in Mumbai including the five star well known hotel of the nation. Mumbai is the capital of the economy of the country. There might be chances of terrorist attack which might affect many aspects including safety and reputation. Fire & Accidents: Site accidents are more liable to risk because of the site conditions, there are many factors which foreseeable to the risk of site accidents. Site accidents is also an important factor of the success, as it can lead fatal loss of a life of labour/labours. Which can create many consequences to the construction process. (For e.g., court stay order to stop the work). Fire is also an important factor. Fire accidents during construction may expect mostly by improper electric cables lining which further leads to unexpected

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