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    holds true if you are considering from a macroeconomic perspective, other investment alternatives combined with the effect of inflation.

    Apart from this, the total risk involved in the e-learning project needs to be accounted for through incorporation of all the possible financial outcomes associated with that particular e-learning project. These possible financial outcomes come with the possibilities that the e-learning

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    Welcome to the world of calculating ROI of e-learning! According to a survey, the worldwide market size for e-learning tools was estimated at a staggering $235M in 2002, and is rapidly growing towards a benchmark of $816M by 2006 depicting an annual growth rate of 37%. According to IDC, Worldwide revenues in the corporate e-learning market will cross $23 billion by 2004 and Western Europe will be the fastest-growing e-learning market, with increase in revenues at a compound annual growth rate of 97% from 1999 to 2004. So e-learning is not just a regular online computer based training program (CBT) but is much more than that. E-Learning is the multipurpose, multi-utility, multi-channel training or learning program that can be delivered through the internet, CD-ROMs, Video conference and other delivery vehicles like the intranet. So before you can embark on an e-learning project, you need to make a ROI capture sheet. This will help you to figure out where you stand in terms of investment & returns for a specific e-learning project.

    How effective is ROI?

    Any e-learning module’s effectivity can be measured through calculation of ROI or return on investment. But, is calculating ROI of e-learning that easy and accurate? The question surrounds itself in a shroud and the debate can go on forever. Like any other program or module, Calculation of ROI has its own limitations. The ROI calculation in the normal scenario never takes into account the time value associated with money or the amount of risk associated with a particular e-learning project or investment. According to the time value of money concept, a dollar earned today is always worth more than a dollar that will be earned tomorrow. This holds true if you are considering from a macroeconomic perspective, other investment alternatives combined with the effect of inflation.

    Apart from this, the total risk involved in the e-learning project needs to be accounted for through incorporation of all the possible financial outcomes associated with that particular e-learning project. These possible financial outcomes come with the possibilities that the e-learning

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    market, with increase in revenues at a compound annual growth rate of 97% from 1999 to 2004. So e-learning is not just a regular online computer based training program (CBT) but is much more than that. E-Learning is the multipurpose, multi-utility, multi-channel training or learning program that can be delivered through the internet, CD-ROMs, Video conference and other delivery vehicles like the intranet. So before you can embark on an e-learning project, you need to make a ROI capture sheet. This will help you to figure out where you stand in terms of investment & returns for a specific e-learning project.

    How effective is ROI?

    Any e-learning module’s effectivity can be measured through calculation of ROI or return on investment. But, is calculating ROI of e-learning that easy and accurate? The question surrounds itself in a shroud and the debate can go on forever. Like any other program or module, Calculation of ROI has its own limitations. The ROI calculation in the normal scenario never takes into account the time value associated with money or the amount of risk associated with a particular e-learning project or investment. According to the time value of money concept, a dollar earned today is always worth more than a dollar that will be earned tomorrow. This holds true if you are considering from a macroeconomic perspective, other investment alternatives combined with the effect of inflation.

    Apart from this, the total risk involved in the e-learning project needs to be accounted for through incorporation of all the possible financial outcomes associated with that particular e-learning project. These possible financial outcomes come with the possibilities that the e-learning

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    k on an e-learning project, you need to make a ROI capture sheet. This will help you to figure out where you stand in terms of investment & returns for a specific e-learning project.

    How effective is ROI?

    Any e-learning module’s effectivity can be measured through calculation of ROI or return on investment. But, is calculating ROI of e-learning that easy and accurate? The question surrounds itself in a shroud and the debate can go on forever. Like any other program or module, Calculation of ROI has its own limitations. The ROI calculation in the normal scenario never takes into account the time value associated with money or the amount of risk associated with a particular e-learning project or investment. According to the time value of money concept, a dollar earned today is always worth more than a dollar that will be earned tomorrow. This holds true if you are considering from a macroeconomic perspective, other investment alternatives combined with the effect of inflation.

    Apart from this, the total risk involved in the e-learning project needs to be accounted for through incorporation of all the possible financial outcomes associated with that particular e-learning project. These possible financial outcomes come with the possibilities that the e-learning

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    debate can go on forever. Like any other program or module, Calculation of ROI has its own limitations. The ROI calculation in the normal scenario never takes into account the time value associated with money or the amount of risk associated with a particular e-learning project or investment. According to the time value of money concept, a dollar earned today is always worth more than a dollar that will be earned tomorrow. This holds true if you are considering from a macroeconomic perspective, other investment alternatives combined with the effect of inflation.

    Apart from this, the total risk involved in the e-learning project needs to be accounted for through incorporation of all the possible financial outcomes associated with that particular e-learning project. These possible financial outcomes come with the possibilities that the e-learning

    Understanding the True Meaning of Tolerance
    Dictionary.com defines tolerance as the following:1. a fair, objective, and permissive attitude toward those whose opinions, practices, race, religion, nationality, etc., differ from one's own; freedom from bigotry.2. a fair, objective, and permissive attitude toward opinions and practices that differ from one's own.3. interest in and concern for ideas, opinions, practices, etc., foreign to one's own; a liberal, undogmatic viewpoint.Although there are other definitions for tolerance, they don't relate to what I'm about to say.I live in the United States of the Offended. It seems like every time you turn around somebody is whining about being offended or having his/her rights violated. Often these are rights they really don't possess.I believe that everyone has the right to believe whatever they want. However, no right is absolute. It doesn't mean you have the right to say whatever you want, or to act on those beliefs.An example in America is racism. Racism simply means that you think your race is superior to everyone else's. I'm sure there are people who believe that. So what?Far more dangerous is prejudice and discrimination.
    holds true if you are considering from a macroeconomic perspective, other investment alternatives combined with the effect of inflation.

    Apart from this, the total risk involved in the e-learning project needs to be accounted for through incorporation of all the possible financial outcomes associated with that particular e-learning project. These possible financial outcomes come with the possibilities that the e-learning project will not yield the expected results or will not give a productivity chart that matches to the ROI calculated due to the inherent risks involved in the project. At the end of the day, the calculation of ROI involves multiple parameters like CD-ROM’s, employees, overheads expenses etc. ROI is mostly calculated keeping in mind the dynamics of the parameters to a certain degree but the complete transition process cannot be measured. Market dynamics are totally different from our perception. There is a chance of increase in the price of CD-ROMS, increase in expenses of overheads and this can happen mid-year. As a result the ROI figures will change. Another limitation that can not be overlooked is that there is a possibility that ROI calculations might over-value investments since the mathematical equation (ROI equation) favors short-term savings and completely overlooks long-term costs such as maintenance, support, and software upgrades. This problem arises because the standard ROI calculation time period is one year. Hence projects with high cost structures in the future will appear incorrectly and show a higher return because the future costs have not been included in the calculation.

    There is also a consistency problem associated with ROI calculation. Since there are three different formulae or three methodologies involved, it is often tough to find out which one will be the most accurate keeping in mind the parameters involved.

    Effectively Calculating ROI of e-learning

    Now that the limitations have been spoken about, let’s get on with the calculation and how we can work around it. So how can one achieve a good ROI in e-learning and how can it be effectively calculated? Let’

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