When direct measures of training outcomes are available,standard valuation methods are appropriate.

Question

Quizplus · Accepted Answer

When direct measures of training outcomes are available, standard valuation methods can accurately assess the impact of training on performance and productivity. Examples of direct measures may include assessments, tests, or evaluations that measure changes in skills or knowledge before and after training. In such cases, standard valuation methods like cost-benefit analysis or return on investment analysis can be used to estimate the economic value of training. However, when direct measures are not available, alternative methods such as surveys, interviews, or focus groups may be needed to gather data on training outcomes, and different valuation methods may be required to estimate the value of training.

When Direct Measures of Training Outcomes Are Available,standard Valuation Methods