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Depreciation is not an important consideration since it is not a recurring out-of-pocket cost.
Informal Programs
Learning initiatives that occur outside of a formal educational or training structure, often characterized by self-directed or experiential learning approaches.
Robert Gagné
An educational psychologist known for his pioneering work in instructional design and learning processes, proposing the Conditions of Learning theory which outlines how humans learn and how to design effective instruction.
Declarative Knowledge
Knowledge related to facts and information that can be consciously recalled and articulated.
Intellectual Skills
Cognitive competencies encompassing reasoning, problem-solving, analysis, and synthesis crucial for learning and applying new information effectively.
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