Utility analysis is a
A)Measure of learning.
B)Method of estimating overall value of training based on the trainee's change in behavior.
C)Simplified method of cost/benefit analysis.
D)A cost-savings analysis.

Question

Quizplus · Accepted Answer

Utility analysis is a method used to estimate the overall value of training based on the trainee's change in behavior. It helps organizations determine the effectiveness of their training programs by assessing the impact of training on performance and business outcomes. It goes beyond just measuring learning and involves a comprehensive analysis of the costs and benefits of training. While it is a type of cost/benefit analysis, it is more complex and takes into account factors such as the transfer of training and the cost of the program. It can also be used to identify areas where training may need to be improved or altered to better meet organizational objectives.

Utility Analysis Is a