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Using your own task related compensation as the basis for determining a reasonable “value” for your performance improvements along with a commonly used formula for estimating "real" training costs, the spreadsheet will calculate a potential Return on Investment for the training. Conversely, you can see the potential waste if you do not make the best possible use of what you learn. By entering various values in the appropriate cells, you can perform "what if" scenarios to help determine if it is worth your while to take the training.
NOTE: The words "real," "actual," and "value" (above) are in quotes because these costs and values are not quantifiable with absolute certainty. There are simply too many variables in the workplace which can affect the measurement of cost and value added that cannot be cleanly isolated or precisely measured. However, the spreadsheet estimates these values. If you enter reasonable estimates for the time you spend on training related tasks, their importance, and per diem training cost, while the results will be hypothetical, they will give you a very fair idea of the "actual" cost of training, "real" potential value added, and ROI.
When you have finished using the worksheet, simply close the browser window in which the spreadsheet is running. If you have not saved your work, it will ask you if you want to do so.