Professional Documents
Culture Documents
University of Petroleum and Energy Studies
University of Petroleum and Energy Studies
PROJECT
SEMESTER - 4
BUSINESS POLICY
GROUP 5
SAP ID: 500070320,50007055,500070547,500070124,500070266
E-Learning represents an innovative shift in the field of learning, providing rapid access to
specific knowledge and information. It offers online instruction that can be delivered anytime
and anywhere through a wide range of electronic learning solutions such as Web-based
courseware, online discussion groups, live virtual classes, video and audio streaming, Web
chat, online simulations, and virtual mentoring. E-Learning enables organizations to
transcend distance and other organizational gaps by providing a cohesive virtual learning
environment. Companies must educate and train vendors, employees, partners, and clients to
stay competitive and E-Learning can provide such just-in-time training in a cost-effective
way. Developing and deploying effective ELearning programs may require products and
services supplied by a variety of vendors, leaving one to connect the dots. One way to start is
to define the goals of the desired learning solution. Definition of the goals of an E-Learning
solution is driven by the following factors:
To perform task analysis
Determine the tasks to be taught, identify subtasks and other elements involved, and identify
the knowledge, skills, and attitudes required to complete the tasks efficiently and effectively.
To perform training needs analysis
Identify the target audience for the training. Identify the shortfall in knowledge, skills, and
attitudes of this audience and determine what the target learners need to know.
To review existing capabilities
Review existing methods and infrastructure for providing training or meeting learning needs.
To determine expectations
Identify concrete expectations and/or ROI requirements from the desired E-Learning
solution. The development of an E-Learning strategy begins by setting goals. What will the
E-Learning strategy accomplish? Without a true understanding of the goals of the E-Learning
strategy, it will be difficult, if not impossible, to be successful. Before implementing E-
Learning, organizations need to set common goals or objectives. Common goals and
objectives include the following:
To reduce learning costs
As a small business owner, you know that online transactions cost a fraction as much those
requiring paper or staff. It’s the same with E-Learning because there are no papers, no delays,
and no travel expenses. Such learning enables employees to take what they have just learned
from their computer screens and apply it to the tasks at hand.
To motivate employees
E-Learning is considered an effective way to keep up with new technology, to generate new
ideas, and to keep your workforce fresh and inspired.
To improve flexibility of course delivery
Smaller businesses don’t have the staff to manage their training and development initiatives.
E-Learning technologies can overcome these administrative restrictions
eLearning, point of fact, has fixed its underlying foundations in the outside of instruction.
With the speeding up web associations, open doors for media preparing have emerged.
Indeed, even web based life has left an extraordinary effect on training and is developing it
continually.
Learning and teaching can be over the top expensive, tedious and doesn't ensure results,
however eLearning has the stuff of answers for each conceivable issue. Setting aside time
while sparing cash is a fundamental human wish and need. To accomplish the work, physical
nearness isn't required at this point. Everything is accessible in the versatile virtual world.
Through the strategy for e-picking up, learning turns into much simpler. These days, the best
internet learning stages empower eLearning with the goal that understudies can get the most
extreme out of their exercises. It could be as substance recordings, intuitive digital books,
boundless practice questions, and so on.
A few eLearning patterns can give us a reasonable and greater image of things to come of
eLearning, and how the instruments will be formed.
The Trends Are As Follows
A… .Micro-learning
Miniaturized scale learning is progressively picking up its prominence in the realm of
learning and advancement. It encourages the understudies to gain proficiency with a little and
essential measure of valuable data about a specific subject. It gives data to the experts when
they need it spares everybody's time and expands ROI. In this day and age, individuals have
no to complete their occupations and take an interest in preparing programs. Small scale
learning furnishes them with answers for all the issues which in the long run help them to
carry out their responsibilities considerably more productively.
B… ..Video Modules
Being like small scale learning, recordings are even a progressively well known and open
method for conveying on the web courses. Along these lines of conveying courses can give a
wide assortment of subjects to a bigger crowd. It makes it simpler to learn and teach.
Statistics of E-Learning
In 2011, it was estimated that about $35.6 billion was spent on self-paced eLearning across
the globe. Today, e-Learning is a $56.2 billion industry, and it's going to double by 2015.
• Corporations now report that e-Learning is the second most valuable training method that
they use. This is no surprise, given that e-Learning saves businesses at least 50% when they
replace traditional instructor-based training with eLearning. Not to mention that e-Learning
cuts down instruction time by up to 60%. Statistics of E-Learning
• e-Learning is also Eco-friendly. Recent studies conducted by Britain's Open University have
found that e-Learning consumes 90% less energy than traditional courses. The amount of
CO2 emissions (per student) is also reduced by up to 85%.
• Over 41.7% percent of global Fortune 500 companies now use some form of educational
technology to instruct employees during formal learning hours, and that figure is only going
to steadily increase in future years. Statistics of E-Learning
• The world's most rapidly growing e-Learning markets are Malaysia and Vietnam. In fact,
the estimated 5 year annual growth rate for the Asian e-Learning market is 17.3%. That is the
highest compound annual growth rate of any global region
• It's been estimated that nearly 25% of all employees leave their job because there simply
aren't enough training or learning opportunities. On the other hand, companies who do offer
eLearning and on-the-job training generate about 26% more revenue per employee
• Self-paced e-Learning's growth rate in the Middle East is 8.2%, and its revenues are
expected to reach $560.7 million by 2016.
• The self-paced e-Learning market growth rate in Western Europe is 5.8%, and it’s
estimated that their revenues will be at $8.1 billion by 2015.
• Africa's compound annual growth rate for selfpaced e-Learning is 15.4%, and their
revenues are expected to reach $512.8 million by the year 2016.
• 72% of companies who were included in a recent survey stated that e-Learning helps them
to keep up-to-date with changes in their industry, which helps them to remain competitive
within their niche. It was also found, in a study conducted by Bersin & Associates that
companies and organizations that did have a strong learning culture did better in their market
than those who do not. For example, these organizations are 46% more like to be the leader in
their industry, note a 34% increase in their ability to respond to the needs of the customer,
and are 17% more likely to become the market share leader.
Feasibility Study
Best Learning Management System Defined The best LMS solution is defined in this study
as one in which all LMS components are considered within the total learning infrastructure of
Zanzibar University such that maximum student success is ensured from both an institutional
and System perspective. Aspects of these components within the frame work of student
success were assessed by the following attributes:
• Cost effectiveness: -
the total cost figures included in this report represent a current snapshot of the LMS
expenditures excluding self-hosting and migration cost, is reported to the Assessment team.
The benefits of the LMS is expected to be more than cost such as hosting maintenance and
other cost that may be incurred.
• Support and Training: -
the system must have a virtual learning community provides students orientates templates and
professionals, development resources for faculty by providing online help desk services for
students and faculty that includes chat, email, telephone and a personalized support portal
available 24/7/365.
• Ease of Use: -
the LMS must have ease of use components and no additional instrument questions were
developed the system should have a higher level of instructor and administrator perceived
application functionality.
• Scalability: -
the LMS must be able to report on the number of active course, users, and average course
size and storage capacity on their LMS. It should be able to hold a lot of actives but still be
able to use a less storage capacity.
• Sustainability: -
The sustainability of an LMS is paramount to the future growth of distance learning.
System Requirements
System requirements are what is necessary for a client to install the web application in their
system and be used hopefully without any difficulties. The aim of this is to help clients make
sure they have all required tools or equipment. With analysis there are some objectives for
hardware, software and any other thing that would be the minimum requirements to install
the system.
We conclude our research on the topic” Online Learning- Strategies for Success “ by stating
that online learning is much better than regular traditional learning by stating the following
points:-