Sunday, June 23, 2013

Modeling the Costs of Online Learning Programs

In determining whether to implement an online learning program, any organization, whether it is a company implementing a new training program or a school implementing an learning management system, costs and benefits need to be scrutinized. Often organizations will forgo the benefits of an online or blended approach to learning in favor of traditional classroom based instruction, as they only consider the higher upfront costs of online learning. However, online learning programs can result in substantial cost savings over several years due to their lower recurring costs.