Return on Investment

The measurement of “return on investment” usually refers to financial reward that follows financial investment.

However, it can be used to measure the success of a project or programme according to any number of indicators that you are seeking.

It is particularly useful for planning for impact before or at the start of a project or programme (for example, a pilot learning programme). 

How to plan to measure return on investment:

• Identifying stages of the programme
• Identifying outcomes and indicators
• Identifying evidence sources

Computing for Dads’

Stage 1: engagement of learners

Outcome:     

• we want single dads in this area to see the relevance of the computing course to them

Indicators:    

• 60% of the open day attendees sign up for more information

Evidence:

• sign-up sheet

This video features Karen Adams of NHS Education for Scotland describing the ways in which she and her organisation have used return on investment methods as a way of evidencing the impact of projects.

This document illustrates her plan

You can access a ROI Template to help you with this process.

The membership form is available as a Word document. The form is very brief and won't take much time at all.