108 BUSINESS CASE ANALYSIS (BCA) Flashcards

1
Q

REFERENCES

A

NETCINST 1510.3, Business Case Analysis Policy

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2
Q

Business Case Analysis (BCA).

A

structured methodology to facilitate its decision-making process

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3
Q

purpose of the executive summary

A

concise summary of the key highlights of the business case

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4
Q

how strategic alignment is important in a BCA.

A

how the initiative aligns with the overall business

plan of the Navy

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5
Q

analysis of alternatives does

A

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

(including a “do-nothing” option)

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6
Q

risk assessment in decision making

A

understanding of the risks related to the initiative and how risks vary
by viable alternative.

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7
Q

how cost benefit impacts

A

initial and on-going expenditures to

the expected financial and non-financial benefits (tangible and intangible)

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8
Q

final stages

A

Conclusions and recommendations

overall evaluation of the
alternatives in terms of impact

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9
Q

Implementation Strategy

A

those approving the business case understand the resources they must allocate

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10
Q

Review and approval

A

Clearly presents the reader with whom and how the business case has been resolved and
approved

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