article thumbnail

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

LearnUpon

RFP (request for proposal ): Document prepared by organizations to help assess LMS vendors during a selection process. ROI (return on investment): A ratio of the profit accrued by an investment versus the cost of the investment. SCORM defines how online learning content speaks to, and tracks results back to, an LMS.

article thumbnail

The Ultimate Glossary of eLearning Terms

LearnUpon

ADL (Advanced Distributed Learning). RFP (Request for Proposal). During a selection process, an RFP document is prepared by organizations to help assess each vendor. A common business term, in eLearning ROI, references a ratio of the profit accrued by an investment versus the cost of the investment.