MTS 108 Business Case Analysis (BCA)

Question 1

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

Answer 1

A structured methodology to facilitate its decision-making process. It is a continuous process from conception of an alternative or solution to implementation.

Question 2

Explain the purpose of the executive summary of a BCA.

Answer 2

Summary of the key highlights. Reader should be able to understand what the project is about. improve efficiency and/or effectiveness of the government.

Question 3

Describe how strategic alignment is important in a BCA.

Answer 3

Aligns with the overall business plan of the Navy. It identifies the level of impact (high, medium, low) on achieving its goals.

Question 4

Explain what analysis of alternatives does.

Answer 4

It provides the reader with rationale to why some have been eliminated as viable alternatives. Includes a “do-nothing” option.

Question 5

Discuss risk assessment in decision making of a BCA.

Answer 5

Provides the reader with an understanding of the risks. Must be performed as a component of the BCA.

Question 6

Explain how cost benefit impacts a BCA.

Answer 6

The reader can easily understand and compare expenditures to the expected financial and non-financial benefits for each viable alternative.

Question 7

Explain the final stages of a BCA

Answer 7

Conclusion and recommendations: Provide selected alternatives in terms of impact, risk and cost/benefit.
Implementation Strategy: Ensure understanding of resource allocation (people, dollars, time).
Review and approval: Whom and how the case has been resolved and approved as well as the final outcome.