108 Business Case Analysis

Question 1

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

Answer 1

A BCA is a structured methodology to facilitate its decision-making process.

Question 2

Explain the purpose of the executive summary of a BCA

Answer 2

To provide a summary to the key highlights of the business case. As well as how it will improve the efficiency of the government

Question 3

Describe how strategic alignment is important in a BCA.

Answer 3

It identifies the level of impact (high,medium,low) the initiative has on achieving its goals.

Question 4

Explain what analysis of alternatives does.

Answer 4

Provide realm of possibilities that are available to address the problem or opportunity.

Question 5

Discuss risk assessment in decision making of a BCA.

Answer 5

Provide reader with understanding of the risks and mitigation strategy to each risk as they relate to the initiative and as they vary by viable alternative

Question 6

Explain how cost benefit impacts a BCA.

Answer 6

Understand and compare expenditures to expected and non expected financial benefit

Question 7

Explain the final stages of a BCA:

a. Conclusions and recommendations

Answer 7

• overall evaluation of risk and cost benefit

Question 8

Explain the final stages of a BCA:

b. Implementation Strategy

Answer 8

To understand the resources of people, dollars, time they must allocate

Question 9

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

Answer 9

With whom and how the business case has been resolved. Is it “Good to Go”!