ROI (TOTAL OUTCOMES / TOTAL COSTS) = 0
The value shows profit or loss (in EUR) generated by one invested monetary unit (one EURO) or how many times the resulting value is higher or lower than the invested money. The ROI value multiplied by 100 shows the ROI in %.
NET PRESENT VALUE (TOTAL OUTCOMES - TOTAL COSTS) = 0
The net present value indicates how much money will be generated by the realisation of this investment. Positive NPV value indicates that the investment or investment project is acceptable. Negative NPV value indicates that the investment or investment project is not acceptable.
In addition to the financial costs and benefits there are also what can be called elements of social value that are created by apprenticeships and work-based learning. For example, there is a body of evidence that shows that students increase their confidence, motivation and ability to reflect – these will create benefits for the individuals, as well as other people and organisations. For more information about social value see the project’s model that provides more information and visit the Social Value UK website at http://www.socialvalueuk.org/