108 Business Case Analysis Flashcards
1
Q
Purpose of BCA
A
Decision making process
2
Q
Purpose of executive summary of a BCA
A
Key high lights of the business case
3
Q
How is Strategic alignment is important in BCA
A
Initiative aligns with the overall business plan of the navy.
4
Q
What does analysis of alternatives do?
A
It provides a detailed description of viable options that should be discussed including a “do-nothing” option
5
Q
Risk assessment in decision make of a BCA
A
Risk mitigation strategy for each risk
6
Q
Cost benefits that impact a BCA
A
Initial and on going expenditure for each viable alternative
7
Q
Final stages of a BCA
A
Conclusions and recommendations
Implementation strategy
Review and approval
