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ASTD Handbook of Measuring and Evaluating Training by Patricia Pulliam Phillips

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Chapter 17 Estimating the Future Value of Training Investments

Daniel McLinden

In This Chapter

Much of program evaluation is looking back—a retrospective measurement of the success (or lack thereof) of a program. Prospective evaluation complements retrospective evaluation with a look forward at the future impact of programs, including forecasting the economic impact. This chapter will provide you with the tools to apply forecasting methods to training investments. Upon completion of this chapter, you will be able to

  • explain the rationale for estimating the future value of training investments
  • describe the effect of timing in the estimation ...

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