ECONOF: A tool to take into account economic aspects of computerized training

Abstract

THIS PAPER DESCRIBESECONOF, a system to help decision-makers determine the economics of investing in a computerized training program. Based upon a multicriterion model concept,ECONOF evaluates the consequences of different actions. It is designed to determine the value that investing in a computerized training program brings to a business with respect to the cost of the innovation. The result is a decision-making process that shifts management's emphasis away from the learning technology to the effect the technologyhas on the business itself.[PUBLICATION ABSTRACT]