108 Business Case Analysis Flashcards

1
Q

State the purpose of a BCA

A

Continuous process from conception of an alternative or solution to implementation
the process must assure decisions are consistent, valid, defensible, and documented.
provides benefit cost analysis

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2
Q

Explain the purpose of the executive summary of a BCA

A

concise summary of key highlights

lets reader understand decision

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3
Q

Describe how strategic alignment is important in a BCA

A
Better aligned with Navy goals
Graded:
HIgh- critical to goal success
Med- direct impact
Low- indirect impact
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4
Q

Explain what analysis of alternatives does

A

explains all options looked at, including do nothing, and why they have been ruled out. detailed description of options that should be discussed.

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5
Q

DIscuss Risk Assessment in decision making of BCA

A

Provide reader with understanding of risks related to the initiative and how they vary the viable outcomes

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6
Q

Explain how cost benefit impacts a BCA

A

provides reader with evaluation of cost and benefits associated with each viable alternative
compares financial and non financial benefits

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7
Q

Explain the final stages of a BCA

A

Conclusion- gives reader recommendations of BCA
Implementation Strategy- includes major phases, dates of completion, costs, personnel, resources, etc.
Review and approval- states if approved and if not, why.

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