Measuring Return on Investment for Professional Development Activities

Abstract

Measurement of the economic impact of professional development activities is essential for resource decision-making. Part 1 of this series described recent literature on economic impact of educational activities and challenged readers to publish more on the financial impact of programs. This article uses scenarios to demonstrate how professional development activities can add value to resource decision-making as we navigate the pandemic and provides an update of the "Known Costs of Outcomes" table.

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