108 Business Case Analysis (BCA)

Question 1

Purpose of a BCA

Answer 1

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

Question 2

BCA Executive Summary

Answer 2

To provide a concise summary of the key highlights of the business case

Question 3

How is Strategic Alignment important to a BCA?

Answer 3

initiative aligns with the overall business plan of the Navy and how it may impact other initiatives

Question 4

What is the Analysis of alternative?

Answer 4

outline of the realm of possibilities. Secondly, why some have been eliminated as viable alternatives. Finally, viable options (including a “do-nothing” option) that should be discussed.

Question 5

What is the Risk Assessment in Decision Making of a BCA?

Answer 5

Provides the reader with an understanding of the risks related to the initiative and how risks vary by viable alternative

Question 6

How does Cost Benefit impact a BCA?

Answer 6

Insures the reader can easily understand and compare the initial and on-going expenditures to the expected financial and non-financial benefits (tangible and intangible) for each viable alternative.

Question 7

What are the Final Stages of a BCA?

Answer 7

Conclusions and recommendations
Implementation Strategy
Review and approval