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

Award Information
Agency: Department of Defense
Branch: Defense Health Program
Contract: N00014-13-C-0277
Agency Tracking Number: O2-1347
Amount: $999,342.00
Phase: Phase II
Program: SBIR
Awards Year: 2013
Solicitation Year: 2011
Solicitation Topic Code: OSD11-H19
Solicitation Number: 2011.2
Small Business Information
1221 E. Broadway, Suite 110, Oviedo, FL, 32765-9135
DUNS: 000000000
HUBZone Owned: N
Woman Owned: Y
Socially and Economically Disadvantaged: Y
Principal Investigator
 Meredith Carroll
 Sr. Research Associate II
 (407) 706-0977
 meredith@designinteractive.net
Business Contact
 John Stanney
Title: Sr. VP- Finance
Phone: (407) 706-0977
Email: john@designinteractive.net
Research Institution
N/A
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 systems 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.

* Information listed above is at the time of submission. *

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