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Proposed Learning Management System. Report to Ed Committee and LBMDF BOD June 2, 2009. What is a Learning Management System (LMS)?.
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Proposed Learning Management System Report to Ed Committee and LBMDF BOD June 2, 2009
What is a Learning Management System (LMS)? A web based software solution for planning, delivering, and managing all learning events within an organization, including online, virtual classroom, and instructor-led courses
Why an LMS for the LBMDF? • Cost effective, efficient way to deliver training onsite • Reduces employee/instructor travel • Allows a robust selection of seminars with a limited investment • Available on demand- employees can access whenever and wherever convenient • Access to quality content from third-party providers • Ability to bring up original LBM content • Can reach a larger audience
Why an LMS for the LBMDF? • Easy tracking of student progress and performance • Greater retention by learners- can repeat content as needed • No geographic limitations • Downtime/slowtime can easily be spent learning • Generally more affordable than in person training
Features of an LMS • Use of audio, video, text and images to present content • Integrated testing • Reporting- ability to track student access of content and performance on tests • Includes ecommerce- ability to purchase content online
Features (cont’d) • Functionality to author and bring up original content • Access to Tech Support • Ability to apply LBMDF “brand,” content has the look and feel of NRLA/LBMDF website
Features (cont’d) • Interactive to engage learner, including exercises, surveys and assessment • Classroom seminars can be converted to online to reach a greater audience • Ability to get reports and statistical information regarding content, usage, trends, evaluations, and courseware effectiveness • Vehicle to promote other programs through web interface
LMS Provider Comparison Super U Training vs. Business Training Library (BTL)
Content and Functionality • Similar content from some of the same companies • BTL has more compliance and safety training. Super U can add this content if there is sufficient demand • Functionality and ease of use of each similar – excellent
Pricing Cost to LBMDF Super U: $10,500 upfront for all setup, etc., first year cost only. No minimum sales requirement. BTL: Two year contract. $10,000/yr. in guaranteed sales required ($ paid upfront each year.)
Pricing Cost to participating companies Super U: $150 per login/yr for setup, includes two free seminars. After that, $22.95 or $44.95 per seminar/login/yr (Also offering $350/login/year for unlimited access) BTL: Seminars priced from $99 - $106/yr(Opportunities for lower pricing with volume or ‘bundling’)
Future Considerations Potential ROI to LBMDF Pricing on authoring software, to bring up our own content (second year cost): Super U: $2300BTL: $3495++ Add’l site design, if required:Super U: $115/hr BTL: $95/hr