Preventing the ax: proving education productivity and linking productivity to cost using the edvision methodology

Education productivity, resource consumption, and the link between productivity and cost continue to be critical dimensions that need to be managed effectively in the face of continued downsizing and restructuring. EdVision is a fiscal based methodology that measures all three dimensions. The methodology was initially developed in the early 1990s and has been refined over the past 7 years. EdVision links productivity to cost by assessing Total Direct Expense per Education Relative Value Unit (RVU). Benchmarking this new indicator is key to moving toward an accurate measure of education prductivity and cost across organizations. EdVision allows education and training departments to prove their productivity and base resource decisions on data, thereby reducing vulnerability to unnecessary budget cuts.