Mts 108: Business Case Analysis (Bca)

Front 1

State the purpose of a Business Case Analysis (BCA).

Back 1

A structured methodology to facilitate its decision-making process. The Financial Bennefit.

Front 2

Explain the purpose of the executive summary of a BCA.

Back 2

Provides a concise summary of the key highlights of the business case. i.e. what the project is about, the role of the project in the department's plan/direction, and the business justification of the project as well as how it will improve the overall efficiency and /or affectiveness of the government.

Front 3

Describe how strategic alignment is important in a BCA

Back 3

Provides an understanding of how the initiative alignes with the overall business plan of the Navy and how it may impact other initiatives. It identifies the level of impact (High, Medium, Low) the initiative has on achieving its goals.

Front 4

Explain what analysis of alternatives does.

Back 4

Provides an outline of the realm of possibilities that are available to address the problem or opportunity. Secondly, it provides rationale to why some have been eliminated as viable alternatives. Also Provides a detailed description of viable options (including a "do-nothing" option) that should be discussed.

Front 5

Discuss risk assessment in decision making of BCA.

Back 5

Provides an understanding of the risks related to the initiative and how risks vary by viable alternative. Must be performed as a component of the BCA, It assigns an estimate of the risk to likely outcomes of alternatives and includes a risk mitigation strategy for each risk.

Front 6

Explain how cost benefit impacts BCA

Back 6

Ensures 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.

Front 7

List the final stages of a BCA

Back 7

-Conclusions and recommendations
-Implementation Strategy
-Review and approval

Front 8

Explain the final stages of a BCA: Conclusions and Recommendations.

Back 8

Provides the reader with a selected alternative based on an overall evaluation of the alternatives in terms of impact, risk and cost/benefit. Specific recommendations for moving a project forward are also presented.

Front 9

Explain the final stage of BCA: Implementation Strategy.

Back 9

To ensure that those approving the business case understand the resources they must allocate (people, dollars, time) to complete the redommended next steps of the initiative. Includes: Major phases, High-level work plan/deliverables/target dates for completion, Costs, Personnel, Assignement of responsibilities for risk mitigation.

Front 10

Explain the final stage of BCA: Review and Approval.

Back 10

Clearly presents with whom and how the business case has been resolved and approved. Also contains the final outcome of the business case-if approved, the evidence of approval is included; if not approved, documentation of the decision is provided.