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Training Budget (Components (Initial communication about the training…
Training Budget
Components
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Training delivery (e.g. classes, video tutorials, e-learning, course fees)
Training materials (workbooks, videos)
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Travel, lodging or meal expenses required to participate
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How to develop
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Step 4: Prepare your budget, the detailed listing of money required to complete the training development and delivery.
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Definition
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Direct and indirect costs associated with courses and materials needed to analyze, design, develop, implement, evaluate, and maintain employee training or retraining.