I appreciate the detailed breakdowns of time estimates per task in this article. This would be a very helpful way to create a project plan, even if you've never created an ILT or elearning course before.
However, note the caveat about the hourly rate at the bottom. The calculator uses $60 or $65/hour for pricing, but that's what a vendor would pay its own employees. If you're buying from a vendor, the cost is likely much higher. (Although apparently I'm not taking nearly enough profit for myself if vendors are typically pricing at 2.5 times their cost.)
Branching scenario tool for simulations, interactive videos, and more. This has a clear emphasis on both including a range of multimedia plus tracking interaction data.
However, the way they track data is by hosting it themselves, which affects the pricing model. The pricing is $4/user/month–which seems really high to me, considering that’s more than some full-blown LMSs that can host hundreds of courses. They have a minimum of 50 users, which means the minimum cost is $200/month. Even if the tool is great, I think that’s would be a hard sell for most organizations.
