eLearning KPIs

For any business endeavor to be justified, business leaders ask their management teams to provide concrete facts and figures, in terms of Return On Investment (ROI), that show beyond doubt that the proposed initiative is worth undertaking. Similarly, once the project has been commissioned, senior management and project sponsors need to know whether their investment was justified – in hindsight. Therefore, to rationalize eLearning projects prior to development, Instructional Designers and project managers need to collect, evaluate, and report on specific Key Performance Indicators (KPIs). How Key Performance Indicators Help In Justifying Αn eLearning Investment If an eLearning initiative offers a better return than the outlay (dollars, time, effort, inconvenience factor) needed, then it is likely to be approved. However, when judging an eLearning projects’ ROI, business leaders expect to see tangible performance results following the implementation of the training program. These … [Read more...] about How to Measure ELearning Effectiveness: Using key performance indicators to validate investment decisions