108 - Business Case Analysis

Question 1

State the purpose of a BCA

Answer 1

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

Question 2

Explain the purpose of the executive summary of a BCA

Answer 2

concise summary of key highlightslets reader understand decision

Question 3

Describe how strategic alignment is important in a BCA

Answer 3

Better aligned with Navy goalsGraded:HIgh- critical to goal successMed- direct impactLow- indirect impact

Question 4

Explain what analysis of alternatives does

Answer 4

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

Question 5

DIscuss Risk Assessment in decision making of BCA

Answer 5

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

Question 6

Explain how cost benefit impacts a BCA

Answer 6

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

Question 7

Explain the final stages of a BCA

Answer 7

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