Financial Implications of Implementing an E-Learning Project

Abstract

Purpose – This paper aims to outline the financial implications, while deploying information and communication technologies for implementing e‐learning, and to elucidate them, while implementing an e‐learning project in a conventional university environment.Design/methodology/approach – The paper is a descriptive account of the various cost factors and benefits accrued in implementing an e‐learning project and draws on a variety of secondary sources both published and unpublished.Findings – The paper identifies the various cost factors as well as the benefits involved in e‐learning implementation in conventional educational institutions, so that e‐learning implementation is a smooth process. Three modes of e‐learning exist, namely, substantially online mode; replacement mode; and supplemental mode, and the costs of e‐learning vary for each. The paper also describes how to assess the success or failure of an e‐learning project.Research limitations/implications – The paper presents a review of literature de...