Report

1. Hi! My name is CHASE
JOY
I’m your reporter for the topic…

2. uC11: Develop and
Promote
Appreciation for Costs
and Benefits of Technical
Training

3. SUMMARY OF LEARNING OUTCOMES:
• LO1:Study andEvaluate TrainingCost Components and
Benefits
• LO2:Monitor ConductandResults ofTraining
• LO3: Promote Awareness of Costs andBenefits ofTraining

4. Lo 1: STUDY AND EVALUATE TRAINING
COST COMPONENTS AND BENEFITS
Basic Cost of Accounting
-method of accounting wherein all the costs
involved in performing many process, project
or product are noted and analyzed.
Bookkeeping
-involves the recording and tracking of all
financial transactions.

5. 3 Classification of Costs:
A. Material Cost
B. Labor Cost
C. Expenses
BASIC TRAINING METHODOLOGY
-has its own principles, which are based on scientific
investigations.
• Cost of Training are:
-Business Size -Equipment
-Industry -Technology Based
-Skill Sets -Productivity Loss
-Training Method
• .

6. Benefits of Training are:
-Increase Productivity Performance
-Boost morale
-Uniformity of Work Process
-Improved Customer Valuation
-Reduce Wastage -Better
Workplace Environment
-Improved and Updated Technology
-Promoting from Within
-Improved Knowledge of Policies and Goals
-Reduced Supervision
-Improved Organizational Structure

7. LO 2: MONITOR CONDUCT AND
RESULTS OF TRAINING
• You must monitor the progress of trainees to make
sure that they are developing the skills and
knowledge outlined on their training plan.
• It is most effective when you regularly talk with the
trainees and their workplace supervisor to - -
discuss progress and identify further support.

8. TRAINING EVALUATION
-The systematic process of collecting information
and using that information to improve your training.
-There are several types of training evaluation method
to measure the effectiveness of enterprise training,
such as survey, post-training quizzes, participant
case study and official certification exam.
IMPORTANT CONCEPT OF TRAINING SYSTEM
EVALUATION
 Accountability
 Transparency in Feedback
 Cost-Efficiency

9. THE
KIRKPATRICK
TAXONOMY
MODEL
-DEVELOPED BY
DON
KIRKPATRICK, the
framework offers a
comprehensive four-
level strategy to
evaluate effectiveness
of any training.

10. LO 3: PROMOTE AWARENESS OF COST AND
BENEFITS OF TRAINING CONTENTS
BENEFITS and RETURN of TRAINING INVESTMENTS
 -It is a measure of training success in terms of meeting your
desired objective.
 Most often seen as an financial measure, accounting for the
training benefits relative to the money invested in an
intervention.
ECONOMY ON THE USE OF TRAINING RESOURCES
 TRAINING RESOURCES- are defined as training or learning
materials. Training resources may include; textbooks, software
and relevant reading materials; videos and recording for
instructions; tools, equipment and ingredients; venue; and
speaker or trainer.

12. THAT WOULD BE ALL!