Transcription of Alternatives Analysis Standard and Methodology
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Alternatives Analysis Standard and Methodology
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. Scope The Alternatives Analysis Standard and Methodology applies to all PBGC employees and contractors whose organizations have a business need to evaluate and recommend a technology product or solution for use by PBGC.
documents a sound decision-making process. An Alternatives Analysis also helps the agency perform acquisition planning and market research during procurements. A Cost Benefit Analysis (CBA) is generally used to analyze the quantitative financial aspects of the investments.
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