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Presented here is the information needed to calculate the Utility estimate of a cross-training project using the following formula.
ΔU= (N) (T) (dt) (SDy) - C
Using this formula submit the following in a paper/Word document.
Important Instructions:Complete the equation. Show your work (math at each level) in relation to the formula so I may best help identify any problems in your solution. Number each question/response.
Then, answer the following:
1. What is the projected benefit to the organization of training these thirty (30) team members? [ product of (N) (T) (dt) (SDy) ]
2. What was the cost? [ sum of C ]
3. What is the estimated change in utility of this training? [ sum of ΔU ]
4. Describe how you would "present" this information to top management, as they consider whether or not to use this training program for others in the organization?
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