What is the concept that fundamentally attempts to attach a dollar value to the effectiveness of a training initiative?

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The concept that fundamentally attempts to attach a dollar value to the effectiveness of a training initiative is utility analysis. This analysis involves estimating the dollar value of the benefits of a training program and comparing it to the costs of the program to determine its overall effectiveness. Cost-benefit analysis and benefit-cost analysis are similar concepts that also attempt to measure the value of a training initiative in monetary terms, but utility analysis specifically focuses on the outcomes and impact of the program. Break-even analysis, on the other hand, is used to determine the point at which the costs of a project or program will be equal to its revenue or benefits, and is not directly related to the effectiveness of training.

What Is the Concept That Fundamentally Attempts to Attach a Dollar