108 Business Cas Analysis (BCA)

Question 1

108.1
State the purpose of a Business Case Analysis (BCA)

Answer 1

Structured decision making process of business case

Question 2

108.2
Explain the purpose of the executive summary of a BCA

Answer 2

Concise Summary of the key highlights of the BCA

Question 3

108.3
Describe how strategic alignment is important in a BCA

Answer 3

Provides the reader with understanding:
* How the initiative aligns with the overall business plan of the Navy

Question 4

108.4
Explain what analysis of alternative does

Answer 4

Provides the reader with:
1. Provides the reader with the available options and reasons why they are viable or elimintated
2. Must include a “do-nothing” option

Question 5

108.5
Discuss risk assessment in decision making of BCA

Answer 5

Provides the reader with:
1. An understanding if the risk outweigh the cost

• Must be performed as a component of the BCA

Question 6

108.6
Explain how cost benefit impacts a BCA

Answer 6

Compares the initial and on-going expenditures to the expected financial and non-financial benefits

Question 7

108.7.a.
Explain the final stages of a BCA
Conclusion and Recommendations

Answer 7

• To provide the reader with a selected alternative based on an overall evaluation of the alternatives in terms of impact, risk and cost/benefit.
• Has specific recommendations for moving a project forward

Question 8

108.7.b.
Explain the final stages of a BCA
Implementation strategy

Answer 8

Ensure that those approving the business case understand the resources they must allocate (people, dollars, time).

Includes:
* Major phases
* Dates of completion
* Costs
* Personnel

Question 9

108.7.c.
Explain the final stages of a BCA
Review and Approval

Answer 9

• Presents reader with how the business case was resolved and whether or not it was approved
• Contains the final outcome of the business case