Ultimate eLearning terms you should know: Part 2 (M-Z)

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Companies should be wary of the value a “free” learning platform can deliver and alert to the costs quickly accrued in maintaining, updating and supporting an LMS without a vendor. Despite its low cost and flexibility, Moodle’s weaknesses can make it a costly choice for companies with conflicting needs and requirements. ROI (return on investment): A ratio of the profit accrued by an investment versus the cost of the investment.

The Ultimate Glossary of eLearning Terms

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ADL (Advanced Distributed Learning). The first official eLearning content standard, AICC was developed by the Aviation Industry CBT Committee in 1993 as a CD-ROM based standard. A predecessor to SCORM, AICC was difficult to work with and many steps were required to get content in the format running in a learning management system (LMS). One benefit of a cloud LMS is that it’s quicker and more cost-effective to install than self-hosted learning solutions.