The Professional Development team achieved another successful year with 24 percent year-over-year revenue growth largely driven by the effective launch of the Aerospace Supplier Quality: Common Training for Delegated Product Release Verification (DPRV) Personnel training course.
Mandatory training for all aircraft engine manufacturers, the DPRV program provides common guidance for the global industry supply chain. Originally expected to teach 3,500 students globally, the DPRV program surpassed projections of students taught by our 25 instructors.
Additionally, the team completed eight new on-demand courses increasing the total offering to 90, launched 14 new, in-person and web-based seminars, and conducted 583 instructor-led classes.
While the team did exceed their projected budget, the result proved strong growth – 17 percent increase in the number of classes and 21 percent increase in the number of learners. Look for the Professional Development team to expand its sales capacity in 2017 with robust additions to the e-learning library as the transition to a subscription-based model is planned.