Calculating the Training Return on Investment (ROI) In Pars Oil & Gas Company (P. O. G. C)

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Nouri Kalkhoran Firouz; SAFAEI MOVAHED SAEED; Bafandeh Hamideh

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Journal Paper

Paper Information

Journal: JOURNAL OF TRAINING AND DEVELOPMENT OF HUMAN RESOURCES Year:2020 | Volume:7 | Issue:24 Page(s): 107-127

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Information Journal Paper

Title

Calculating the Training Return on Investment (ROI) In Pars Oil & Gas Company (P. O. G. C)

Author(s)

Nouri Kalkhoran Firouz | SAFAEI MOVAHED SAEED | Bafandeh Hamideh | Issue Writer Certificate

Keywords

Return of investmentQ1

Training costsQ1

benefitsQ1

TrainingQ1

developmentQ1

Project management training programQ1

Abstract

Training and development advisors and experts are working hard today to gain a position for Training procedures as equal as other organizational procedures. This effort has turned into a huge challenge for such practitioners. Under such circumstances, return-of-investment can be deemed both as an opportunity (if carried out properly) and a threat (if implemented improperly). Some believe that such an approach can help us integrate Training into other mainstream procedures. Anyway, it is believed that formulating and conceptualizing such a strategy is a brave enterprise which needs to be managed reasonably. This paper aims at estimating the return-of-investment rate for project management Training programs at Pars Oil and Gas Company (POGC). To analyze data, AHP strategy is used through Expert Choice software. The final rate was calculated as %59976. The calculated ROI sounds logically reasonable and indicates that the Training program has been effective in essence.

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APA: Copy

Nouri Kalkhoran, Firouz, SAFAEI MOVAHED, SAEED, & Bafandeh, Hamideh. (2020). Calculating the Training Return on Investment (ROI) In Pars Oil & Gas Company (P. O. G. C). JOURNAL OF TRAINING AND DEVELOPMENT OF HUMAN RESOURCES, 7(24 ), 107-127. SID. https://sid.ir/paper/386150/en

Vancouver: Copy

Nouri Kalkhoran Firouz, SAFAEI MOVAHED SAEED, Bafandeh Hamideh. Calculating the Training Return on Investment (ROI) In Pars Oil & Gas Company (P. O. G. C). JOURNAL OF TRAINING AND DEVELOPMENT OF HUMAN RESOURCES[Internet]. 2020;7(24 ):107-127. Available from: https://sid.ir/paper/386150/en

IEEE: Copy

Firouz Nouri Kalkhoran, SAEED SAFAEI MOVAHED, and Hamideh Bafandeh, “Calculating the Training Return on Investment (ROI) In Pars Oil & Gas Company (P. O. G. C),” JOURNAL OF TRAINING AND DEVELOPMENT OF HUMAN RESOURCES, vol. 7, no. 24 , pp. 107–127, 2020, [Online]. Available: https://sid.ir/paper/386150/en

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