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

It provides the reader with an understanding of how the 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

Provides the reader with an outline of the realm of possibilities that are available to address the problem or opportunity. Secondly, it provides the reader with rationale to why some have been eliminated as viable alternatives. Finally, it provides a detailed description of 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