Members services and resources

Return on Investment

Discussion groupThe 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.

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