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iCatalog Home WSB 011 Practical Cost Benefit Analysis
(Last Modified:21-Apr-2015)

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Description
A Cost-Benefit Analysis (CBA) is a structured method of quickly and concisely showing the costs and benefits of making a change with an emphasis on the quantifiable impact of making that decision. The course follows the methodology of the “US Army Cost Benefit Analysis Guidebook” with helpful hints and more detailed guidance on what to expect and how to avoid the most common failings. The office of the Deputy Assistant Secretary of the Army, Cost Estimating (DASA-CE) has reviewed and approved the course as meeting the intent of the CBA creation process that they will be evaluating proposals against. This course is very hands-on with more than half the time allotted to analyzing and working through examples and exercises. The majority of the exercises and examples come from unmodified, real world submissions to Army HQ that fell short of the ideal submission. We look at what was submitted, why it was flawed and what it would take to get it back on track. The course culminates in teams building a CBA that mimics a well-done, real submission. This is not a math course; it is a process building course. There is some math involved, but the emphasis is on the thought process that needs to be used to create an organized and coherent package.
Objectives
  • Overview of services view of terms, regulations and procedures
  • Creating an effective Problem Statement
  • Analyzing and creating problem centric Assumptions
  • Devising credible courses of action
  • Creating reasonable cost estimates
  • Developing and using rational decision criteria
  • Analyze results and refining the business case
  • Building an action oriented business case and presentation
  • Target Attendees
    Anyone who has been assigned to write or is on a team writing a CBA or is a reviewer of CBA submissions.
    Prerequisite(s)
    None
    Predecessor Course(s) (Acceptable as a substitute for this course until the acceptance date specified below.)
    Predecessor Predecessor Course Title PDS Code Accepted Until
    None None None None
    Course Length
    3.5 Classroom days
    Additional Course Information
    Delivery Mode Workshop
    Equivalent Courses None
    ACE Recommended Credits N/A
    PDS Code N/A
    DAU Public (material/prework) N/A
    Continuing Education Units   0
    Continuous Learning Points  28
    Reservist Retirement Points  0
    Historical Allocations Mouse Over for Past CEU/CLPs
    Notes
  • Fee-For-Service arrangements may be required.
  • To inquire about or request this course for your organization, click the Apply for Course button in the upper right corner.
  • The CLPs referenced above presume off-the-shelf delivery.