Measuring ROI of Training

Why Attend

An increasing organizational requirement on measuring Return On Investment (ROI) of training mandates training and development professionals to improve their knowledge and skills in developing effective ROI evaluations. This course explores current practices of measuring and evaluating training programs through the ROI process model, and focuses on data collection at various training intervals, isolating strategies for the effects of training and calculating monetary values.

Course Methodology

The course is delivered in a highly practical and application oriented approach. The classroom practicality is coupled with rich tools, templates and checklists that can be adapted for use within participants’ organizations.

Course Objectives

By the end of the course, participants will be able to:

  • Measure the impact of training on more than one level of evaluation
  • Identify methods used to collect data during and after training programs
  • Demonstrate appropriate methods in isolating the effects of training
  • Tabulate monetary values of training in terms of benefits and costs
  • Calculate and interpret return on investment of training

Target Audience

Training and development professionals, human resources partners and anyone who is involved with measuring the impact of training within an organization.

Target Competencies

  • Deciding and initating action
  • Persuading and influencing
  • Presenting and communicating
  • Analytical thinking
  • Applying expertise and technology
  • Planning and organizing

Location:

South Africa

Training Dates:


Training Schedule
Duration
1 Week
2 Weeks
3 Weeks
Month
Option A
Option B
Option A
Option B
Option A
January
13 - 17 Jan
27 Jan - 31 Jan
6 - 17 Jan
20 Jan- 31 Jan
13 Jan - 31 Jan
February
10 - 14 Feb
24 Feb - 29 Feb
3 - 14 Feb
17 Feb - 29 Feb
10 Feb - 29 Feb
March
10 - 14 Mar
23 - 27 Mar
2 - 13 Mar
16 - 27 Mar
9 - 27 Mar
April
6 - 10 Apr
20 - 24 Apr
30 Mar - 10 Apr
13 - 24 Apr
6 - 24 Apr
May
6 - 10 May
27 -31 May
29 Apr - 10 May
20 - 31 May
13 - 31 May
June
8 - 12 Jun
22 - 26 Jun
1 -12 Jun
15 - 26 Jun
8 - 26 Jun
July
6 - 10 Jul
20 - 24 Jul
29 Jun - 10 Jul
13 - 24 Jul
6 - 24 Jul
August
10 - 14 Aug
24 - 28 Aug
3 - 14 Aug
17 - 28 Aug
10 - 28 Aug
September
7 - 11 Sep
21 - 25 Sep
31Aug - 10 Sep
14 - 25 Sep
7 - 25 Sep
October
5 - 9 Oct
19 - 23 Oct
28 Sep - 9 Oct
12 - 23 Oct
5 - 23 Oct
November
9 - 13 Nov
23 - 27 Nov
02 - 13 Nov
16 - 27 Nov
9 - 27 Nov
December
7 - 11 Dec
14 - 18 Dec
30 Nov - 11 Dec
07 - 18 Dec
30 Nov - 18 Dec


Course Duration:

Unit Standard:

NQF Level:

Number of Credits:


Course Fees


Note: Please fill in the online application form on the left or bottom if this page to receive a quotation with detailed pricing from AATICD.

How to Apply:

To Apply Simply Fill in the Online Enquiries / Applications form on the Right Sidebar or Bottom of this website https://www.aaticd.co.za

NB:

When filling the online application form; please take note of your desired Training Month, Duration in Weeks and Training Session. This will give us the exact dates you will be attending your classes.

Also note that Tuition Fees must be paid upfront on or before training start date. This is to ensure that all resources are made availabe for you before you start. You will not be allowed into training if fees are not paid and verified.

Also note that Tuition Fees Cancellations must be made 14 business working days before the starting date of training. This will allow us to do a 50% refund of the total amount paid. If cancellations are made thereafter note that no refund will be made to delegates.

Tuition Fees include teas and lunch as well as either a laptop or tablet which a delegate will take home free of charge.

Tuition Fee DOES NOT include Accommodation, Dinners and other Extra Curricular Activities or Incidentals. Delegates are expected to fund this on their own. AATICD will not be held accountable for any incidents to delegates.

In-House Trainings are also available for 3 or more delegates for any duration. Please consult with our Administration for such In-House training bookings.


Course Outline

  • Introduction to training evaluation
    • Training evaluation: meaning and purpose
    • Benefits of training
      • Tangible benefits
      • Intangible benefits
    • A framework for evaluation
    • Evaluation levels and chain of impact
    • The ROI model and process
    • Common formulas
      • Benefit cost ratio (BCR)
      • Return on investment (ROI) formula
    • Barriers to ROI implementation
    • Criteria for an effective ROI process
  • Data collection at various intervals
    • During training courses
      • Objectives the foundation of measurement
      • Measuring reaction and satisfaction
      • Measuring learning
    • After training courses
      • Questionnaires and surveys
      • Interviews and focus groups
      • On-the-job observations
      • Performance data
      • Action planning and follow-up assignments
  • Isolating the effects of training
    • Potential causes of improved productivity
    • Methods and techniques
      • Control groups
      • Trend line analysis and forecasting
      • Stakeholder estimates
  • Converting training results into monetary values
    • Benefits in monetary terms
      • Hard and soft data
      • General steps to convert data
      • Monetary savings in quality and time
    • Training program costs
      • Major cost categories
      • Fully loaded approach
    • Calculating ROI and reporting findings
      • Workshop: calculations and interpretations
      • Suggested training ROI report outline
  • Case studies: Implementation in organizations
    • Case study 1: evaluating a safety training program
    • Case study 2: evaluating a leadership training program
    • Case study 3: evaluating a soft skills training program