Training Budget Worksheet

Training Budget Worksheet

Haight, J. M. (Ed.) (2012). Hazard prevention through effective safety and health training. Des Plaines, IL: American Society of Safety Engineers.

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QUESTION 1

Discuss five possible financial benefits of safety training. Which one do you think creates the strongest argument? Which one is the weakest?

Your response must be at least 200 words.

QUESTION 2

A large research hospital is considering a new computer-based training course for lab safety. The total cost of the hospital’s current training program is $80,000 per year. If the new training program will reduce these costs to $60,000 per year, what is the maximum acceptable cost to initiate the program to reach the break-even point within three years? What is the return on investment for that scenario?

Your response must be at least 200 words.

QUESTION 3

How can the management of an organization contribute to a safety and health training program? What types of things can safety managers do to help guide management’s role in safety and health training?

Your response must be at least 200 words.

 Training Budget Worksheet

In Unit V, we prepared a lesson plan for a safety training topic to be presented to Carter’s employees. In this assignment, we will develop a cost estimate and business case justification for the training.

2. Using the lesson plan you submitted for the Unit V Assignment, estimate the costs for the initial development and implementation of the training (year one). You can use Table 1 on page 92 of the course textbook as a guide, but the final format is up to you. You will not know many of the actual numbers, but you can use information from your own organization or from additional research. The “OSHA Business Case for Safety and Health” webpage is a good place to start your research:
3. Prepare a 200-word paragraph to submit to top management that explains, in business terms, how the cost of the training will benefit the organization.

This assignment has two parts three (3) questions and a training budget worksheet, unit five work plan will be attached in the upload

Training Budget Worksheet