Measuring the Return on Investment of Training Modules of Electrical Protection and Uninterruptible Power Supply (UPS) Using the Corrective and AHP Approaches

Farhad Salimian

Mathematical Problems in Engineering, 2021, vol. 2021, 1-10

Abstract:

The main purpose of this study is to calculate the return on investment of two training modules of electrical protection and uninterruptible power supply (UPS) using the corrective approaches applied to the basic model presented in previous research. In this study, first, the effect points of the training were identified using open questionnaires completed by experts. Then, its content validity is ensured by Lawshe, Waltz, and Basel approaches. Data on training costs were extracted through financial documentation and estimates. Details of measures, savings, internal supply, and so on were identified and cited to convert the observed effects into financial equivalents. Using the analytic hierarchy process (AHP) approach, the role of training in comparison with other initiatives in each of the effects and achievements was determined, and the net financial achievements of the training were determined. The training return on investment for the electrical protection module was 243% and for the UPS module was 1637%.

Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:hin:jnlmpe:2635761

DOI: 10.1155/2021/2635761

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