Recently, TrainingPros teamed up with Young Resource Group (YRG) to develop a series of project management videos that we think you’ll find very helpful. The second video in our Project Management lineup delves into one of the trickiest but most important aspects of executing a great training project: Estimating.
We appreciate that our clients take their learning & development budgets very seriously, and we respect your need to have accurate and reasonable estimates on the expenses involved with getting your new training program delivered. If a vendor provides you with a finger-in-the-air, tops-down estimate on your learning program, please view that as a giant red flag.
In this short video, YRG’s Gordon Young breaks down the project estimating process with a classic eLearning development example. His reasonable bottoms-up approach takes into account the many aspects of a training project with industry standard metrics of estimating time. These conversions of time into dollars help clients factor accurate budgets, and the process also ensures clear deliverables and responsibilities.
Many clients find that turning to TrainingPros project management services can be essential to delivering learning programs on-time and within-budget. We recognize that you may have project management expertise internally, and we trust those resources can benefit from our project management video series. Thank you for reading, and thank you for watching – we look forward to your comments on estimating approaches that have worked well for your organization.