Business Case Analysis Training, BCA Training Course
Business Case Analysis Training, Business Case Analysis (BCA) provides participants with the tools to create and analyze different types of business cases. The participants will learn how to use best-value analysis decision making tools to support Analysis of Alternatives (AoA), project cost, creating quantifiable and non-quantifiable factors and analyzing other key elements such as performance, producibility, reliability, maintainability, and supportability enhancements. supporting an investment decision.
A BCA is a useful tool that assists in refining the myriad of decisions that go into determining the best value strategy. It follows an iterative process, conducted, and updated as needed throughout the life cycle as program plans evolve and react to changes in the business and mission environment.
Course Objectives
Upon completion of the course, the participants will learn how to:
- Create a solid business case
- Define, develop and analyze the business opportunity
- Create and present analysis of alternatives, costs, performance and risks
- Steps in develop a BCA
- Presenting and defending the business case
Audience
Business and Technical Managers, Engineers and Analysts
Pre-requisites
None
Course Agenda
Introduction to Business Case Analysis (BCA)
- A Brief Overview of the Business Case Analysis (BCA)
- Key Terms and Definitions
- Purpose of a Business Case Analysis (BCA)
- Business Case Analysis (BCA) Template
- Examples of DoD Business Case Analysis (BCA) Use Cases
- What is a Successful Business Case Analysis (BCA)?
- A Real-life Business Problem
- Decision-Making Process Examples
- Logical, Professional and Ethical Considerations
Business Case Analysis (BCA) Creation Process
- Abstract
- Structure and Format
- Pertinent Background Information
- Developing a BCA
- Describing the Case Opportunity
- Modeling and Simulation of the Case
- Presentation and Visuals
- Charts, graphs, and tables, help to illustrate and describe the problem
- Analysis Strategies
Guidelines for Business Case Analysis
- A Case Analysis Framework
- Using Gap Analysis Process
- AS-IS vs. TO-BE
- Analyze and Record the Current Situation
- Analyze and Record Problems and the Core Elements
- Formulate, Evaluate, and Record Alternative of Analysis (AoA)
- Defining Courses of Action
- Select, and Implement the Chosen Alternative Course of Action
- Guidelines for an Operational Approach to the Case
- Problem Analysis
- Pitfalls to Avoid in Business Case Analysis
- Communicating Case Analyses
- The Written Report
- The Oral Presentation
Case Studies
- Executive Summary
- Assessing situations.
- Organizing key information
- Defining opportunities and problems
- Identifying and evaluating alternative courses of action
- Evaluating the results of past projects and strategies
- Developing and defending new strategies
- Making decisions
- Evaluating the conditions of uncertainty.
- Responding to criticism
- Methods and Assumptions
- Impacts
- Risk assessment.
- Conclusions and Recommendations
- Performance-Based Logistics (PBL)