Most project management training is occurring in the bricks-and-mortar classroom, reports The Center for Business Practices.
July 30, 2004 – It surveyed 53 senior practitioners at US organizations and found that 40% conduct project management training in on-site classrooms. Though another 22% use off-site classrooms, a notable 34% use either self-directed or instructor-directed e-learning initiatives.
What kind of market is project management training? The Center finds that organizations spent, on average, $142,305 in 2003 on such training, or $1,734 per project management employee. Exactly 45% of respondents expect training spending to increase this year over last while the same amount say it will stay the same in 2004.
Finally, outsourcing is key in project management training, as 57% of organizations say they outsource their training to a consultancy or private training company.
The instructor-led classroom setting has historically been the primary mode by which companies deliver employee training, as Training Magazine reported in 2002 that 74% of its subscribers used this method for corporate training. At that time, just 12% of companies reported that they used computer-led training classes with no instructor.
Still, there is still hope for electronic learning initiatives in the corporate environment. IDC estimates that worldwide online corporate learning revenue will grow by nearly 40% this year, with online training in the Americas in particular rising by 40.7%. [For the full IDC chart, and 40 more on “corporate learning” from other sources, subscribe to eMarketer’s eStat Database.]
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