Forum Discussion
Cost of developing 1 hour of elearning
So - if I'm understanding Chapman's presentation - the average development cost is a little over $100 per hour. I appreciate that different people, contributing different elements to the team effort may have an hourly rate above or below that, so...
everyone - Is USD$100/hour fairly consistent with your experience of usual and customary billing rates?
Please say: "It depends." ....
Thinking about Sean's original query here - when asked: "How much should we be paying for an hour of elearning?" - would folks generally feel comfortable saying something like this?:
"Industry research suggests that a basic, but professionally produced, hour of eLearning requires about 185 hours of effort at an average cost of about USD $19,000. But the reality is that price varies a lot. Costs can be lower if the hour doesn't involve any interactive learning exercises or higher if it includes higher-end elements like simulations or games."
- MohammedAyub8 years agoCommunity Member
How many institutions / corporates actually pay the price of $ 19,000 for developing 1 hour of interactive animated content is the Million Dollar Question...
Sometimes the wisdom of the crowd is close to insanity... coz they constantly recyle without actually thinking.