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Return on Investment Tool for Effective Medical Training (RITE-MT)

Award Information

Agency:
Department of Defense
Branch:
Defense Health Program
Award ID:
Program Year/Program:
2013 / SBIR
Agency Tracking Number:
O2-1347
Solicitation Year:
2011
Solicitation Topic Code:
OSD11-H19
Solicitation Number:
2011.2
Small Business Information
Design Interactive, Inc.
3504 Lake Lynda Drive Ste. 400 Orlando, FL 32789
View profile »
Woman-Owned: Yes
Minority-Owned: No
HUBZone-Owned: No
 
Phase 2
Fiscal Year: 2013
Title: Return on Investment Tool for Effective Medical Training (RITE-MT)
Agency / Branch: DOD / DHP
Contract: N00014-13-C-0277
Award Amount: $999,342.00
 

Abstract:

The Return on Investment Tool for Effective Medical Training (RITE-MT) tool aims to substantially improve the decision making process of training system requirements and acquisition professionals by objectively quantifying training system Return On Training Investment (ROTI) based on lifecycle cost, schedule and performance impacts. RITE-MT uses a training needs-based approach to ROTI which incorporates cost and benefit components experienced throughout the training system lifecycle, including the quantification of gains achieved in training effectiveness via the optimization of technology and methods. RITE-MT walks the user through a user-centered requirements-driven approach to establish system requirements necessary to promote learning and enhance training effectiveness on the target training objectives. RITE-MT then guides a user through an interactive ROTI trade-off analysis with visualization of complex interactions between cost, schedule and performance impacts. The resulting product will provide analysis of a system's ability to meet short and long term operational and training goals, within the budgetary and schedule constraints set forth by the organization, as well as facilitate ROI tradeoff analyses both within a system and across systems resulting in increased organizational training and readiness.

Principal Investigator:

Meredith Carroll
Sr. Research Associate II
(407) 706-0977
meredith@designinteractive.net

Business Contact:

John Stanney
Sr. VP- Finance
(407) 706-0977
john@designinteractive.net
Small Business Information at Submission:

Design Interactive, Inc.
1221 E. Broadway, Suite 110 Oviedo, FL -

EIN/Tax ID: 593534927
DUNS: N/A
Number of Employees:
Woman-Owned: Yes
Minority-Owned: Yes
HUBZone-Owned: No