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  2. Training needs analysis - Wikipedia

    en.wikipedia.org/wiki/Training_needs_analysis

    Training Needs Analysis (TNA) is defined as the “Identification of training requirements and the most cost effective means of meeting those requirements”. A TNA should always be performed where a major new development in policy, equipment acquisition or procedures is deemed to have potential impact upon the current training regime.

  3. Business simulation - Wikipedia

    en.wikipedia.org/wiki/Business_simulation

    Still, Faria estimated that only 12.5% of all US business firms with training and development managers used computerized business games. The penetration of business gaming in academia is fuelled by the following factors: [ 26 ] the increase in student numbers, the increase in new courses, increased adoption of methods supporting diverse ...

  4. Cost-effectiveness analysis - Wikipedia

    en.wikipedia.org/wiki/Cost-effectiveness_analysis

    A 1995 study of the cost-effectiveness of reviewed over 500 life-saving interventions found that the median cost-effectiveness was $42,000 per life-year saved. [7] A 2006 systematic review found that industry-funded studies often concluded with cost-effective ratios below $20,000 per QALY and low quality studies and those conducted outside the ...

  5. Cost–benefit analysis - Wikipedia

    en.wikipedia.org/wiki/Cost–benefit_analysis

    Cost–benefit analysis (CBA), sometimes also called benefit–cost analysis, is a systematic approach to estimating the strengths and weaknesses of alternatives.It is used to determine options which provide the best approach to achieving benefits while preserving savings in, for example, transactions, activities, and functional business requirements. [1]

  6. Cost engineering - Wikipedia

    en.wikipedia.org/wiki/Cost_engineering

    Total Cost Management is the effective application of professional and technical expertise to plan and control resources, costs, profitability and risk. Simply stated, it is a systematic approach to managing cost throughout the life cycle of any enterprise, program, facility, project, product or service.

  7. The cost of training AI could soon become too much to bear - AOL

    www.aol.com/finance/cost-training-ai-could-soon...

    Here’s Epoch AI’s projection of the hardware cost involved in training the most expensive AI models, through 2030. This excludes AI researchers’ salaries, which are considerable these days.

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