Professional Documents
Culture Documents
Management Trainer
Introduction Note
While it is clear to many decision makers that project management training to their project
managers and key managers will significantly improve their performance, there is a certain degree of
lack of awareness of the True Costs involved in training your associates and how to make a
judicious choice of selecting a Training Provider. This short note is prepared to help you
understand this important aspect. Please keep in mind that while we provide training services
globally through our channel partners, this note is mainly prepared from the India context (and all
numbers quoted are in rupees unless indicated otherwise).
700,000
1,400,000
2,100,000
30
Overheads usually include the cost of office maintenance, rents, interest payments, security, administrative
expenses, repairs, telephone bills, travel expenses, utilities, insurance, employee welfare expenses etc.
Nucleus Group. This is Confidential & restricted information, and distribution outside your organization is prohibited
2.5
1.5
18
2,100,000
18
1,17,000
4,66,000
Summary
The external costs of training are usually less than 20% of the internal costs of training and are
reasonably insignificant in comparison to the complete cost of training and hence it is imperative
that every organization choose the BEST possible trainer and training organization to conduct their
trainings considering the enormous internal costs already involved in such a programme.
Nucleus Group. This is Confidential & restricted information, and distribution outside your organization is prohibited