Transcription of Alternatives Analysis Standard and Methodology
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EA-STD-01-07 PBGC Alternatives Analysis Standard Purpose This Standard defines the approved process for identifying and recommending an information technology (IT) product or solution that is best overall fit for PBGC use. This Standard also describes how to properly conduct and document the decision for input into the PBGC acquisition process. Use of this Standard applies in two situations: 1) When a Business Needs Analysis (BNA) target state recommendation identifies a specific business need, but not the solution and an Alternatives Analysis is required or 2) When a business requirement is identified, but a product solution does not exist on the Technical Reference Model (TRM) or in the IT environment as a business solution.
Guidelines and Discount Rates for Benefit -Cost Analysis of Federal Programs (October 29, 1992) provides guidance for conducting benefit-cost analyses. OMB Circular A-11 The Office of Management and Budget (OMB) Circulars No. A-94 and A-11 form the primary basis for PBGC’s approach to conducting alternatives analyses.
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