108

Question 1

STATE THE PURPOSE OF A BUSINESS CASE ANALYSIS (BCA)

Answer 1

A BCA IS A STRUCTURED METHODOLOGY TO FACILITATE ITS DECISION-MAKING PROCESS

Question 2

EXPLAIN THE PURPOSE OF EXECUTIVE SUMMARY OF A BCA

Answer 2

PROVIDES CONCISE SUMMARY OF THE KEY HIGHLIGHTS OF THE BUSINESS CASE

Question 3

HOW IS THE STRATEGIC ALIGNMENT IMPORTANT IN A BCA

Answer 3

IT IDENTIFIES THE LEVEL OF IMPACT OF THE INITIATIVE AS ON ACHIEVING IT’S GOALS.

Question 4

EXPLAIN WHAT ANALYSIS OF ALTERNATIVES DOES

Answer 4

PROVIDES THE READER WITH A SUMMARY OF THE OPTIONS THAT ARE AVAILABLE TO ADDRESS THE PROBLEM, EXPLAINS THE READER WHY SOME OPTIONS HAVE BEEN ELIMINATED AND EXPLAINS WHY A SPECIFIC OPTION SHOULD BE CONSIDERED MORE THAN OTHERS.

Question 5

DISCUSS RISK ASSESSMENT IN DECISION MAKING OF A BCA

Answer 5

EXPLAINS THE READER WITH THE RISK RELATED TO SELECTING EITHER INITIATIVE, THIS PROCESS NEEDS TO BE PERFORMED

Question 6

EXPLAIN THE COST BENEFIT IMPACTS A BCA

Answer 6

INSURES THE READER CAN EASILY UNDERSTAND AND COMPARE THE INITIAL AND ON-GOING EXPENSES OF EACH OPTION

Question 7

EXPLAIN THE FINAL STAGE OF BCA?

Answer 7

1. CONCLUSION AND RECOMMENDATIONS- PROVIDES PREFERRED ALTERNATIVE BASED ON IMPACT, RISK AND COST/BENEFIT
2. IMPLEMENTATION STRATEGY- ENSURES THAT THOSE APPROVING BCA UNDERSTAND THE RESOURCES THAT NEED TO BE ALLOCATED (PEOPLE, MONEY, TIME)
3. REVIEW AND APPROVAL- PROVIDES THE READER WITH WHOM AND HOW THE BUSINESS CASE HAS BEEN RESOLVED AND APPROVED AND THE FINAL OUTCOME OF THE CASE.