{"id":1007,"date":"2021-01-22T16:52:56","date_gmt":"2021-01-22T11:22:56","guid":{"rendered":"https:\/\/www.playablo.com\/CorporateLearning\/Blog\/?p=1007"},"modified":"2024-11-06T16:39:19","modified_gmt":"2024-11-06T11:09:19","slug":"real-cost-of-elearning-at-workplace","status":"publish","type":"post","link":"https:\/\/www.playablo.com\/CorporateLearning\/Blog\/real-cost-of-elearning-at-workplace\/","title":{"rendered":"Moving to eLearning and its Impact on Your L&D Budget!"},"content":{"rendered":"\n

If you are reading this, then I hope it is safe to make the following assumption. You are on your journey to transition from traditional training methods to adopting eLearning (via the best LMS software<\/a>) at your workplace. Whether you are just starting or in advanced planning, a key question will revolve around the budgetary impact, aka the cost of eLearning. Before we address this question, let us first look at a few facts:<\/p>\n\n\n\n

A study by Karl Kapp and Robyn Defelice<\/a> states that the time required for producing one hour of distance learning materials is anywhere between 90 to 240 hours. On the other hand, Chapman Alliance <\/a>suggests that an hour of eLearning can sometimes cost as much as $10,000 to produce. Of course, these numbers are subject to change depending on the features and media elements you want to include.<\/p>\n\n\n\n

The figures above are only one factor impacting the cost of eLearning. Numerous other factors reduce the overall expenses and release budget pressure. Hence, before moving to an online model, you should understand the elements and their overall impact. And this is where we come in. Here is how you can calculate the cost of eLearning and gauge its effect on your final L&D budget. Let us start with the most important\u2014the cost of eLearning content creation.<\/p>\n\n\n\n

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Table of Contents<\/p>\n