Course Description
Evaluating a project’s performance and ROI introduces attendees to the best practices in organizational learning, training evaluation, and management. Candidates will be taught how to measure organizational effectiveness using the latest and most proven methods for measuring, analyzing, and presenting results.
The course covers the Philips and Kirkpatrick models for evaluation, creating an assessment methodology that is best suited to the organization, and how to design and present technical reports on findings. The professional career and practice of participants will be enhanced by attending this vital training course.
Training details
- Duration: Silver – 5 days | Gold -10 days
- Price: Siver – £3,355 | Gold 7,555
- Location: Face-to-face or online
- Post-training: Assist attendees in transferring training knowledge and skills to their job roles
- Continuous professional development: 10 Credits
- Trainer’s profile: Industry-certified in the UK
The training course will be delivered as follows
- Interactive and engaging sessions;
- Inclusive sessions through differentiation method;
- Use of case studies;
- Management games;
- Real-time exercises;
- Problem-solving and group discussion sessions;
- Qualified industry experts.
What are the Four Levels of Donald Kirkpatrick’s Evaluation Model?
Each year, organizations across the design and conduct thousands of training courses for their employees and personnel. The consequence of creating and running these courses is usually quite expensive. To evaluate the effectiveness of these training and their sustainability from a financial standpoint, it is essential to calculate the expenses incurred in the process, measure the results achieved so far by employees who partook in them, and decide whether the growth in employees’ output is adequate to recoup the associated costs.
One major tool that most organizations employ in calculating training effectiveness is Donald Kirkpatrick’s Learning Evaluation Model. While being relatively time-consuming to run, the accuracy of the model has, over the years, helped employers to understand which training program should be continued and which is to be discontinued. The model contains four levels, which are:
- Level 1: Reaction
- Level 2: Learning
- Level 3: Behaviour
- Level 4: Results
What is the Value of ROI in Measuring Training Effectiveness?
When analyzing training effectiveness, most professionals utilize the fifth level of Kirkpatrick’s model, the Return on Investment (ROI) model, created in 1991 by Jack Philips. This methodology allows them to express evaluation data collected from the fourth level in financial terms and then compare the expected profit margin with the expenses incurred by running the training program. In most instances, the head of management utilizes the return-on-investment methodology for evaluating the training and employee development outcomes.
This makes the methodology a crucial part of training evaluation for most companies. The return-on-investment model enables management to calculate the expected profits from a training program and ensure the estimated costs fit into the budget. It takes the form of a percentage, expressing the link between the projected cost of a training program and the estimated profit.
This is calculated as follows: Formula.
ROI = (estimated profit – estimated cost) / estimated costs) x 100%
Who should attend this training
The following individuals should partake in this TAAS Measuring ROI and Evaluation of Effectiveness of the program:
- Senior-level executives responsible for organizational goals and plans;
- Business managers are tasked with implementing strategies to boost business performance in the long run;
- Entrepreneurs are responsible for organizing, supervising, and assuming the risks of a business plan;
- Business development managers are tasked with assisting businesses in maximizing their profitability, developing new sales leads, negotiating client prices, and anticipating sales revenue;
- Account directors in charge of organizing projects, managing budgets, and coordinating multiple teams to accomplish client objectives;
- Business administrators are accountable for managing a company’s daily activities;
- Management officers tasked with providing administrative assistance and managing queries from employees;
- Finance planners are tasked with analyzing the company’s financial statements and designing new economic plans.
What are the training objectives?
Training Measuring ROI and Evaluation of Effectiveness is designed to help attendees achieve the following outcomes:
- Learn how to evaluate and present a return-on-investment analysis report to clients and stakeholders;
- Recognize and utilize 21st-century instruments used in assessing training outcomes and ROIs effectively;
- Learn how to fix errors using return on investment techniques;
- Demonstrate a good understanding of ROI in connection to learning and development;
- Learn how to employ the skills and knowledge learned for L&D activities;
- Learn how to construct an evaluation model that is suitable for specific workgroups and audiences;
- Explain the concept of return on investment in connection to training;
- Understand the principles guiding the Donald Kirkpatrick and Jack Philips models for learning evaluation.
Organization (values for money) and attendee benefits (improved productivity)
This bespoke course equips attendees with the knowledge, skills, and tools needed to excel in this dynamic role through improved performance. Through training units, practical exercises, and real-world case studies, attendees will learn how to design,
After the training completion, attendees will be equipped with a globally recognized CPD credit-bearing certificate, to validate attendees’ knowledge and expertise in the field, besides, this approach can open new doors for opportunities.
Who should attend?
This course is recommended for experienced professionals and aspiring individuals who are looking to enhance their knowledge and skills in strategic management leveraging AI driven-tools:
- Directors, senior managers, and heads of departments in various industries/sectors seeking to gain a global certification with CPD credit;
- Lead management consultants to update their knowledge and skills;
- Tactical, and operational managers seeking to solidify a foundational understanding of strategic principles and practices in different industries/sectors;
- Mid-level managers aiming to improve strategic management capabilities;
- Experts seeking to specialize in technology-enabled management activities;
- Individuals transitioning into training management roles from related fields;
- Entrepreneurs interested in effective resource management to gain a competitive edge using AI-driven tools for organizational growth and success.
Lessons:
