Overview and Objectives
   • Introduction and Purpose of the Guide
   • Required Elements
   • Five Step Process
   • Tools
   • Real Property vs. Facility Business Case
   • Closing Remarks
   Introduction
   • A business case is the primary document 
    used to articulate the alternatives for a 
    proposed expenditure on real property
   • Two basic types of business cases:
    –Real Property action
    –Facility modification/repair/construction
    Introduction (continued)
    • Requirement
      –Office of Management and Budget
        • Circular A-11, Preparation, Submission and Execution of 
         the Budget
        • Circular A-94, Guidelines and Discount Rates for Benefit-
         Cost Analysis
      –NASA Procedural Requirements (NPR) 7120.5, NASA 
       Space Flight Program and Project Management 
       Requirements
      –NPR 8800.15, Real Estate Management Program
      –NPR 8820.2G, Facility Project Requirements
   Purpose
   • The overriding purpose of a business case is 
    to make transparent to the decision-making 
    entities the objectives to be met by a real 
    property action or a facilities investment.
   • A good business case provides 
    documentation to make a well informed 
    decision.
   Required Elements
   • Accurate – An effective business case should 
    state the facts. All meaningful costs and 
    benefits should be included and validated 
    against the best available data. Uncertainty 
    and intangible factors should be captured 
    and stated.