MICE & LOCK
Some authors refer to it as the MICE quotient.
Milieu, the setting or location, the diegetic (fictional) world of the story
Idea, the concept, question, or topic being explored
Characters
Event(s), the plot
Other authors refer to it as LOCK
Lead, protagonist, POV character
Objective, goal or motive
Confrontation, obstacles or opposition
Knockout ending, clearly establishing whether the lead succeeded or failed