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It is a useful and structured way of assessing and evaluating an improvement solution, project or initiative. It can be carried out in a range of different environments and helps to identify a preferred or better solution where different options are available. The tool focusses on understanding the following:. When should I use it? A SWOT analysis is useful to help inform your decision making when you need to choose between implementing or testing a new solution or improvement project to help change the way you are currently working.