3) Briefly describe the strategic planning process; including the SWOT analysis. Which method do you think businesses use most when identifying IT project? Why?

The planning process in IT project management has five different processes. First, is the planning of the project itself. A project team develops a plan to define the work needed for the project. This process includes the three contraints for the planning process to determined the cost, time and scope. Second, is the Executing process. This process includes acquiring and developing the project team, perform quality assurance, distributes information manage stakeholder expectations, and conducts procurements. Third, is the Monitoring and controlling process. The project manager and staff monitor and measure progress against plans and take action when nessessary. Last, is the closing process. This process finalizes activities, documents archiving project files and closes contracts. S.W.O.T analysis stands for Strength, Weakness, opportunity, and threats, and I believe businesses use the S.W.O.T method on identifying a project because it identifies a broad view of the project from its strengths and opportunities.