Creating a custom training solution involves consciously making a large number of tradeoffs between the nature and scope of the training and its costs, in order to achieve the objectives of the training. As each of these tradeoffs is being made, we like to put our clients in the driver’s seat. To that end, let’s take a look at some of the key drivers that affect the nature and scope of training solutions and their costs.
Under each heading, the lists below describe the characteristics of a learning solution that indicate greater or lesser scope and complexity and thus price, going from low to high complexity:
Length of the Training
(LOW): The training will be less than one day long.
(MEDIUM): The training will be several days or up to a week long.
(HIGH): The training is comprised of multiple courses or an entire curriculum.
Complexity of the Subject Matter
(LOW): The subject matter is straightforward and easy to learn.
(MEDIUM): The subject matter is complex and requires ramp-up time to thoroughly understand and apply.
(HIGH): The subject matter is very sophisticated and requires considerable ramp-up time or prior knowledge base to thoroughly understand and apply.
Number of SMEs/Stakeholders
(LOW): There is one or a small number of SMEs and stakeholders that are easily accessible. Decision making and approvals will be fairly straightforward.
(MEDIUM): There are a fairly large number of SMEs and stakeholders. Decision making and approvals will be more difficult.
(HIGH): There are a large number of SMEs and stakeholders that may be geographically dispersed. Decision making and approvals will be difficult.
Extent of New Training Material
(LOW): The training involves an update of existing training materials and may require a change in delivery method. The content exists either electronically or on paper and is fairly up-to-date.
(MEDIUM): The training involves development of a new training course. The content is more difficult to obtain and may require working closely with SMEs.
(HIGH): The training involves a new training course or curriculum or extensive changes to existing training. The content is more difficult to obtain and may require working closely with SMEs and stakeholders and/or conducting outside research.