WE181

Training Solutions and the Cost/Benefit Equation

  • Duration 1 DAY
  • Regular fee 500
  • Preferential fee 425?
  • Locations

Accreditation and partners association

  • Project Management Institute 6 PDU
SUMMARY
DETAILS

Objectives

To provide the knowledge and skills required to develop a cost/benefit analysis using methods practised by the best financial institutions, insurance companies, ministries and agencies, to take into account the interests of key stakeholders such as business units, financial services, human resources and training departments, and to apply proven rigorous methods to provide a sound basis for project development.

Targeted audience

Training specialists and financial analysts.

Prerequisite

None.

Content

  • Predictive analysis of the impacts of training
  • Overview of organizations that have successfully conducted these analyses, and perform annual comparisons year after year
  • Comparing project costs, the savings generated, and the impact on the performance of the organization
  • Key methods, and the importance of cross-checking the results of different approaches (Kirkpatrick, Phillips, Thalheimer, Basarab, Chapman, etc.)
  • Mastering calculation tools, and applying them to the specifics of a particular organization
  • Validating the analyses with internal and external stakeholders
  • Presenting the results to management
  • Following up on results, year after year
  • Reviewing training approaches in the light of new internal partnerships arising from cost/benefit analyses

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Only private sessions of this course are currently available.

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