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It is a performance measure used to examine the profitability of an investment or calculate the efficiency of several multiple assets. It is a famous metric, as its ROI is a popular metric because of its flexibility and clarity. In addition, it can be used as a primary gauge of an investment's profitability. We have noticed that the students have faced any issue with the calculation part of the subject.
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Most students get confused with the BCR and ROI, but they are different things. BCR is the total profit of the program, divided by the costs. The formula is:
BCR = Benefits of training/ costs of training
ROI is the net benefit of the training. The formula is:
ROI= (Net benefits of training/ Costs of training) x 100
It is not easy to apply the formula. You are required to follow a few steps to measure the ROI.
When it comes to calculating your program ROI, it is a pretty complicated process. Our best case study experts have jotted down the steps:
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