Tips to Reduce Costs on eLearning

Tips to Reduce Costs on eLearning

When training budgets are very less, training managers are always under pressure to roll out training programs within the allotted budget. But how do you cut costs without compromising on quality? In this regard, eLearning is seen as a cost-saving medium in overcoming the constraints like costs and locations. So, in order to further save you costs in developing your eLearning programs, here are four cost-saving tips which you can consider:

Leverage on existing content

Most organizations already have instructional-rich training material in the form of existing PPTs, handouts, manuals, movies, videos and more. Instead of developing the content from scratch, organizations can convert their existing ILT material into eLearning. This approach can be time saving.

After identifying your content you need to evaluate your content to check if the content is best suited for eLearning. This will help in checking the content clarity, content accuracy and adequacy of interactions and feedback on the content.

Evaluate Your Content

Employing rapid authoring tools

After you identify your existing content, all you have to do is convert the content into eLearning using rapid authoring tools like Articulate, Lectora and Captivate.

With these tools, eLearning can be developed faster and at less expense. These tools are easy to use and can reduce the production time of a course resulting substantial cost savings. These tools also have multiple publishing options, where you can publish your courses to PCs, mobiles and tablets.

This year we converted more than 800 ILT courses into the eLearning mode very economically and quickly to our Fortune 500 customers using Authoring tools like Articulate Storyline, Lectora and Captivate.

Deploying the learning management system

You can host your course on an online platform called LMS to access the courses. An LMS is a central repository of all training materials. LMS can ensure that your learners have access to the training material anytime and anywhere. According to bersin and associates, an LMS can help cut administrative exertion by allowing easy allocation of training resources, reducing the time and cost. With LMS, you can remotely manage classrooms, instructors and other resources, thereby reducing the administrative costs.

Outsource to professional learning design company

Organizations may opt to develop an eLearning course with their internal team but the quality and speed of development depend on how adept your internal development team is. Lack of expertise on use of tools and development strategy can cost you more dollars and time. If your organization lacks in-house expertise, the best way is to outsource the development and spend more time in reviews. This can relieve your resources and allows them to concentrate on their core responsibilities. In addition, you can save substantial costs by outsourcing a large volume of eLearning projects to a single vendor and thus produce an eLearning course at a low cost.

I hope you found the above four cost-saving tips handy in developing eLearning courses faster, easier and in a more effective manner. Should you have any questions, please don’t hesitate to drop a comment.

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