Return On Investment of Training: Tools & Techniques

Objective of the program: After successful completion of the program, participants will be able:

• to understand what is Return on Investment
• to Calculate ROI of Training

Major Discussion Areas

Module-1: Fundamentals of Training Evaluation & ROI

• Kirkpatrick’s model of Training evaluation
• Basic about Level-5 evaluation of Training [ROI]
• Guiding Principles of ROI calculation
• Action for Perfect ROI implementation
• ROI Model

Module-2: Data Collection

• Types of Data
• Methods of data Collection
• Sources of Data
• Techniques and methods for Isolating the effects
• Converting Data to Monetary Value

Module-3: ROI Calculation

• Calculation of Training Cost
• Calculation of Benefits from the Training
• Identifying Intangible Benefit
• Calculate ROI
• Barrier to ROI calculation
• ROI do’s and Don’ts