Indirect measures of training outcomes can often be converted into estimates of the dollar impact of training by using a method known as:

Question

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Utility analysis is the method used to convert indirect measures of training outcomes into dollar impact estimates. It is a complex process that involves collecting pre- and post-training data on employee performance and then using that data to calculate the financial impact of the training. The resulting estimates can be used to justify the cost of training and to make decisions about future training investments.

Indirect Measures of Training Outcomes Can Often Be Converted into Estimates