What factors should a party take into consideration before filing a suit?

Before filing a suit one should take into consideration the following: 

i). Value of the subject matter; 

ii). Place of suing; 

iii). Jurisdiction; 

iv). Cause of action; 

v). Limitation of time. 

Note: Before suing the Plaintiff should consider the following: 

a). Whether he has a cause of action; 

b). Necessary party(ies) to sue; 

c). Reliefs claimed; 

d). Place of suing; and 

e). Pecuniary jurisdiction of court.