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Beginner
Basics >
Calculating
an e-Learning Cost Comparison
by
Kevin Kruse
The most
basic and frequently used analysis is a simple comparison
of how much money e-learning will save over more traditional
classroom-based workshops.
Using
the fictitious case of Acme described in other articles, the
figure below shows the formula and presentation method for
this data.
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Total
Cost Savings with e-Learning
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Formula
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Classroom
Training Costs - e-Learning Costs = Total Cost Savings
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$1,091,648
- $500,600 = $591,048
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Total
Savings = $591,048
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