Sunday, October 5, 2014

Resources for Estimating ID Costs


My assignment this week was to find two resources on estimating costs for ID projects and review each.  Here they are!


Big Dog and Little Dogs Performance Juxtaposition

This article gives information on budgeting.  It states that most ID projects are now working with a budget and although you may not get it right the first time, it is a good goal to work toward.
It also has helpful figures on some of the costs associated with an ID project.  For example, it has Produce a professional video - $1,000 - $3,000 per-finished minutes.  The variation in the costs associated with this are due to concept, location, talent, special effects, etc.
The article also has estimated development hours.  It estimates that the development time to create one-hour of simple asynchronous eLearning is 117 hours.


The eLearning Coach For designing smarter learning experiences With Connie Malamed

This blog gives a plethora of resources.  Connie has links to several articles that would be useful in an ID project or environment.  One is a link to an article from ASTD by authors Karl Kapp and Robyn Defelice where they discuss several of the factors that will affect you time estimate.  Another is an article by Donald Clark that provides budgets and cost guidelines and time estimates.

Resources
Big Dog and Little Dogs Performance Juxtaposition, retrieved on October 1, 2014 from http://www.nwlink.com/~donclark/hrd/costs.html

Malamed, Connie. The eLearning Coach For Designing Smarter Learning Experiences, retrieved on October 1, 2014 from http://theelearningcoach.com/elearning_design/isd/time-to-develop-online-learning/

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