Comprehensive Cost Analysis
Innovative Learning has developed a unique framework for analyzing all 'line item costs' associated with designing, implementing and administering training programs.
This comprehensive analysis divides training costs into hundreds of individual cost elements; it is perhaps, the most thorough and detailed cost analysis system available.
Current training program costs (and/or anticipated costs of planned training) are grouped into many major cost categories, sub-categories and specific line item elements; major cost categories include, but are not limited to, costs associated with:
|Determining current and future human resource needs and competencies.|
|Defining performance improvement objectives.|
|Identifying all potential program delivery formats and options, including blended approaches.|
|Determining program development and/or acquisition strategies.|
|Designing or acquiring pre- and post-program training.|
|Identifying and selecting facilities and sites.|
...And several other major cost categories.
This data serves as the foundation for streamlining your organization's training and development strategy, or for reducing the costs of a single performance improvement program.