Cloud computing requirements- business case

Cloud computing has a litany of necessary requirements. The business case needs to showcase the necessity for moving to the cloud as well as an understanding of the cost benefit analysis. You should showcase a positive outcome for such a move outlining the overall inception and systems lifecycle process. As such, discuss the following questions in order to define what sufficient means and how to interpret a cost benefit analysis:

What is required for the business need to be identified and who makes the decision to move forward with a course of action?
What is a cost/benefit analysis and how does that factor into the decision to migrate into the cloud?
What sort of risks exist and how might those be mitigated?

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