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Learning Solutions Magazine: Tip: Include Lost Opportunity in the Total Cost of Training by Garry Nordenstam
2015-11-11 05:01:00
There are many factors to consider when calculating the total cost of training. It is not enough to determine the development costs; one must also determine the delivery costs to arrive at an accurate result. Most of us already know that. However, when calculating the total cost of training, we sometimes forget to include the cost of lost opportunity. Here’s how to identify that cost!