Your Turn
A sophisticated evaluation requires carefully tallying all costs and benefits, including intangible soft benefits. It also requires considering the time span of the project and basic economic assumptions. For your e-learning project, list as many hard, soft, and fuzzy benefits as possible in worksheet 8-1. Which should you include in your calculation of financial results and which should you just mention but not quantify?
Benefit of E-Learning Project | Hard, Soft, or Fuzzy? | Include in of Analysis or Just Mention It? |
---|---|---|
1. | ||
2. | ||
3. | ||
4. | ||
5. |
Pick a soft benefit that you want to include in your financial calculations and state how you will calculate its monetary value. First pick ...
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