SWOT ANALYSIS

GROUP 1

STRENGTH

 Earlier initiatives that were identified as at risk

 Ideal and trustworthy legal resource
 more precise project projections
 Ensure that both employers and employees are aware of their respective obligations.
 Increased Return of Investments (ROI)
 Protection for the employees

WEAKNESSES

 Limitation is always present

 Some government regulations restrict peoples' rights.
 Process complexity increases the number of failure points that could occur.
 Can result to the lack of clarity due to lots of legislation
 Certain laws were unfairly implemented

OPPORTUNITIES

 Improved contact between teams and sponsors

 Establish Project visibility practice
 Address the workplace problems and necessary safety measures to be used.
 Manage the development and growth of the construction industry, etc.
 More actively involvement of the team member

THREATS

 It can be time consuming and expensive

 Can reduce productivity
 unintentionally skew private incentives
 Difficulty in planning and execution
 Unnecessarily complex legislation can be confusing and time-consuming.
GROUP 2

STRENGTH

•Able to track contract status and can be used by public organizations to provide transparency

• Allows company to easily monitor their success

•. Recognition of signs of danger or heightened concerns

WEAKNESS

•It can cause confusion and delay without registration of contract

•It can destroy deals or agreements due to inefficient approval workflow

•More access can cause in unethical personnel mishandling information

OPPORTUNITIES

•Increasing operational efficiency and productivity

•Ensures the company never miss an expiration date on contract.

•Provides an overview of all the information on the contract in one easy-to-accept place.

THREATS

•Breach of contract

•Difficult to keep track the contract due to many active contracts.

•Compliance of failures and legal issues.

Group 3

STRENGTH

•Protects the property

•Manage all overall business relationships between two parties and etc.

•Prevents the misinterpreted communication is

WEAKNESSES

•Lack of flexibility and efficient mechanism for performance management

•Untrained leads to misunderstanding of elements within the document.

•Contracts is time consuming and can a spent lots of money

OPPORTUNITIES

•Expansion and improvement of business or companies’ productivity

•Quality and satisfied services

•Consistency in contacts means less rooms for deviation from the terms set out in the contract

THREATS

•Termination procedures

•Company may face financial penalties for terminating a contract early.

•Too many contracts that are lengthy and restrictive can lead to suspicion.
Group 4

STRENGTH

•Specific terms may be added or omitted for factors outside the party’s control.

•Remain compliant with the rules and regulations that govern the contract

•Unlimited to cost-saving capabilities

WEAKNESSES

•An agreement contains explicit language that the terms cannot be modified

•Contract amendments cannot be made if the agreement is illegal, invalidate the contract and if all
parties do not consent

•Whole contract management process slows down due to the poor use of technology

OPPORTUNITIES

•Reduce risk, cost and contract complexity

•Improve contract schedule and obligations to both parties

•Helps to increase customer loyalty

THREATS

•Missed deadlines due to ineffective contract management

•Poor approval workflow

•Unsatisfied customers and suppliers may lead to unnecessary consequences

Group 5

STRENGTH

•Helps each other parties to understand their responsibilities to one other

•Keeping records for future reference

•Easier to identify and address potential problems early on

WEAKNESSES

•Mishandling of information by employees due to insufficient controls

•Not keeping the records for future reference

•Lack of regulatory compliance

OPPORTUNITIES

•Making it more transparent and protecting it from unwanted demands

•More understandable relationship between businesses and their contracted partners

•Business growth and development

THREATS

•Ineffectiveness and tension amongst team

•Huge liability risk to the business

•Safety and regulatory issues

Group 6

STRENGTH

•Increase ability to create and identify necessary changes to contracts

•By identifying conflicts of interest helps to make a company think an immediate solution

•Identify the possible conflict which can aid and make a solution.

WEAKNESSES

•Lack of flexibility and efficient mechanism for performance management

•Inattentiveness and unaware to any conflict of interest

•Difficulties in reports recommendations

OPPORTUNITIES

•Business will achieve success and more opportunities will open

•More investors will become attracted to the company

•Helps in other legal matters, like compliance, claims and entity management

THREATS

•Company will face financial penalties and difficulties

•Consequences to organization can be severe when employees, managers violate rules and
regulations

•Economic loss for firm due to unsolved conflict of interest