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

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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. Simulation: Highly interactive application that allows learners to model or role-play a scenario.

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The Ultimate Glossary of eLearning Terms

LearnUpon

Asynchronous Learning. Asynchronous learning allows learners to train individually, enabling them to complete courses at a time, place and pace that suits them. This role is usually found in large organizations and multinationals. Examples include “Location”, “Job Role” or “Department”. RFP (Request for Proposal).