| The bottom line in ROI answers the question, “Did the impact of the training produce a monetary result greater than the cost of producing the course?” Using our products allows you to answer, "Yes."
The measurement tools of eLearning involve a number of tangible and intangible variables.
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Comparing eLearning to seminar and classroom training.
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Tangible Benefits Include:
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Intangibles Benefits Include:
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| Reduced Travel Expense |
Compliance |
| Reduced Trainer Expense |
Accountability |
| Reduced Facilities Expense |
Less Liability |
| Reduced Administration Expense |
Consistency |
| Reduced Materials Expense |
Comprehension |
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Participation
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Learning Efficiency
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Speed
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Productivity
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Efficient Record Keeping
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Reports and Analysis
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Employee Retention
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Related expenses should be totaled and compared to the development costs for an interactive training program with consideration to additional savings provided in the repeated use of the program beyond the first year, versus the repeated costs associated with each time the classroom or seminar training is scheduled/conducted.
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