O'Reilly logo

Approaches to Training and Development by Elwood F. Holton, Dugan Laird, Sharon Naquin

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

14
Training and Development Budgets
Training and development managers prepare budgets about the same way as any other manager prepares budgets—with a few special considerations.
Of course, the items T&D managers include in the budget are training-related—and there is always the issue of trainees’ salaries. Do they show up in the T&D budget or in the budgets for the trainees’ regular departments? Then there is the ambiguity of forecasting performance problems that haven’t yet happened. How can anybody possibly forecast the cost of solving a problem that hasn’t yet revealed itself, much less been scoped? Then, finally, there is the sensitive issue of trying to assign dollar values to human performance, a process that frightens many people and ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required