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 (Shareable Content Object Reference Model): A set of standards developed by Advanced Distributed Learning (ADL) and applied when developing LMS content. Last week, we decoded tongue-twisting eLearning terms from A-L.

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. Perhaps the most ubiquitous set of standards, SCORM was developed by Advanced Distributed Learning ( ADL ) and applied when developing LMS content.