3 Ways To Keep Budget in Check When Planning a Technical Training Program

Keep in mind that not investing in your staff's training may be more expensive, as it can negatively impact your employee’s performance. For example, the misuse of a software function may delay the accomplishment of a task, or a skill gap could lead to poorly serviced customers or delay the launch of a new product. 

We understand that sometimes you'll have to work with a tight budget. That's why we want to share with you some aspects to consider before carrying out your IT and Telecom training, as well as 3 ways to stay within budget.

How To Establish the Baseline (Budget) For Technical Training

Understand the purpose of the training. You may want to ask some basic questions about the requirements of training. Does your team need to accomplish a certification or have to operate a new solution that is unknown to them? Previous knowledge of the purpose of the training helps you to determine a more accurate budget for technical training. 

Approach the team that is going to be taking the training and its Project Manager so you can get a better understanding of what the team needs. Use the following questions as a guide for the information you need to gather in order to search for the ideal solution for your staff 's needs. 

• What competencies will be developed by the end?
• How will this training succeed in closing the skill gap of my staff?
• What if any technologies are required to complete the training process? Do they incur extra costs for the company?

Once you have comprehended the purpose of the training, you can focus on looking for the right training solution without compromising your budget. 

How To Keep the Technical Training Budget on Track

Guarantee proper training and the success of your team afterward without worrying about expending too much money. Follow these three  ways when developing your IT and Telecom training. 

Work alongside other departments 

As we first mentioned, consulting with the Project Manager and people who will attend the training gives you a more accurate insight into the scope of the training, so you can seek the right solutions and identify the kind of approach they need for the training. If training demands special conditions or tools, you’ll have the foresight to manage it with enough time. 

Your Resource Manager is another good source of information. They can give you input on learning solutions providers with the tools and expertise required in IT and Telecom which can carry out the training and develop an efficient plan for your team. They likely have already pinpointed potential partners. 

Work alongside senior staff and the Talent Management or Human Resources department to ensure proper deployment and adoption of the training processes, as the training can only be considered successful if your employees improved their skills. The biggest responsibility falls on your team’s commitment to the training. 

Take into account both direct and indirect costs 

You’ll need to consider how much time your team will dedicate to the training. The hours invested there are likely to be taken from their working hours. This means that some tasks may need to be upheld or assigned to other members of the staff that are not taking the training. 

Also, if you are going to partner with a training provider, account for its delivery, as well as the instructor fees. This is relevant if the training will be delivered on-site, as you may have to invest in the instructor accommodation or commute expenses, or if your team commutes.  

Another fundamental part of training is the materials and resources your team will be using during its delivery. Do you already have updated documentation? Is this information in the language your team is proficient in or does it need to be translated? Will this information be printed? These may seem like little details, but when it comes to the corporate budget you must have everything planned out. If your company does not have it, think about partnering with an IT and Telecom learning solutions provider. 

Consider this information so you can decide whether your company needs on-site, online or hybrid technical training. 

Partner with a technical training solution provider 

With the information given to you by your Resource Manager, evaluate the providers and choose the one that gives you the most benefits. Consider group training, as some providers can offer better pricing options for a larger number of attendees or training sessions. 

Make sure they understand your company’s needs and values, and that they can cover the skill gaps that your team has. Ensure that this provider commits to your objectives, and improves the knowledge deficiencies that your staff may have. 

Entrust the Success of Your Technical Training to Isatel Group

We assure a detailed revision of your objectives, analyze your team’s profile and design a tailored plan for a unique training experience.  Our focus is on the attendees, as we ensure their skill and knowledge improvement so they can be better prepared for their daily work. 

Partnering with Isatel frees you of the need to hire different learning solutions partners, as we cover different areas and have the resources necessary to develop the training. An attendee who achieves all the tasks and activities within the training program ensures their certifications and the improvement of their technical skills.