Design Thinking for Training and Development

Appendix 13

Sample Cost Analysis Worksheet

We’ve included two samples to show how you might illustrate the costs associated with development and rolling out a training initiative. Build your own worksheet by using Excel or Google Sheets.

Both examples show learners’ time to participate in training is the biggest impact on the organization. The time needed from a few learners upfront to provide perspective is very small; the cumulative time the entire population of learners will spend going through the learning experience is high. Use this data to help you illustrate how a small investment upfront helps protect the much larger investment the company makes in having a huge segment of people go through training. Making the invisible visible often ...