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business case analysis

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Type
term
Definition

The evaluation of alternative solutions for obtaining best value while achieving operational performance requirements balancing cost, schedule, performance, and risk. It is a structured methodology and document that aids decision making by identifying and comparing alternatives by examining the mission and business impacts (both financial and non-financial), risks, and sensitivities. The BCA concludes with a recommendation and associated specific actions and implementation plan to achieve stated organizational objectives and desired outcomes. For example, the goal of the Product Support BCA is to identify the Product Support Strategy that achieves the optimal balance between Warfighter capabilities and affordability.