108 - BUSINESS CASE ANALYSIS (BCA)

Question 1

108.1

State the purpose of a BCA.

Answer 1

ORM for money.

Provides a structored methodology thats presents all benefits and costs, both quanity and quality of each planed action.

Question 2

108.2

Explain the purpose of the executive summary of a BCA.

Answer 2

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

Question 3

108.3

Describe how strategic alignment is important in a BCA.

Answer 3

Overall aligns with the business plan of the Navy. It identifies the level of impact (high, medium, low) the initiative has on achieving its goals.

Question 4

108.4

Explain what analysis of alternatives does.

Answer 4

Provides an outline of the possibilities that are available.

Provides rationale to why some have been eliminated as alternatives.

Provides a description of viable options (including a “do-nothing” option) that should be discussed.

Question 5

108.5

Discuss risk assessment in decision making of a BCA.

Answer 5

Determining all the risks associated with each alternative. A risk assesment will be done for a BCA and a RAC will be assigned.

Question 6

108.6

Explain how cost benefit impacts a BCA.

Answer 6

It is the benefits and costs for each viable alternative.

Question 7

108.7

Explain the final stages of a BCA:

Conclusions and recommendations

Implementation Strategy

Review and approval

Answer 7

Conclusions and recommendations: Provide a selected alternative based on an overall evaluation of the alternatives in terms of impact, risk, cost, and benefits.

Implementation Strategy: Ensure those approving the business case understand the resources they must allocate to complete the next step. People, Dollars, Time.

Review and approval: Whom and how the business case has been resolved and approved. Also contains the final outcome of the business case.