Most organizations create e-learning as a means to improve employee performance. Courses are supposed to deliver knowledge and skills that make workers better at their jobs. So if e-learning ...
Published 11 years ago
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Here are some steps to follow:
Identify the costs: The first step is to identify all the costs associated with implementing an e-learning program. These costs can include software and hardware costs, content development costs, training costs for instructors and learners, and ongoing maintenance costs.
Estimate the benefits: The benefits of e-learning can include increased learner engagement, reduced travel costs, improved knowledge retention, and reduced training time. It's important to estimate the potential benefits that could result from the e-learning program.
Assign a monetary value to the benefits: Once you have estimated the benefits, assign a monetary value to them. For example, if the e-learning program reduces travel costs, calculate the amount of money saved on travel expenses.
Compare costs to benefits: Compare the costs of implementing the e-learning program to the estimated benefits. If the benefits outweigh the costs, then the e-learning program is likely to be a good investment.
Identify the costs: The first step is to identify all the costs associated with implementing an e-learning program. These costs can include software and hardware costs, content development costs, training costs for instructors and learners, and ongoing maintenance costs.
Estimate the benefits: The benefits of e-learning can include increased learner engagement, reduced travel costs, improved knowledge retention, and reduced training time. It's important to estimate the potential benefits that could result from the e-learning program.
Assign a monetary value to the benefits: Once you have estimated the benefits, assign a monetary value to them. For example, if the e-learning program reduces travel costs, calculate the amount of money saved on travel expenses.
Compare costs to benefits: Compare the costs of implementing the e-learning program to the estimated benefits. If the benefits outweigh the costs, then the e-learning program is likely to be a good investment.