What is a component of developing instructional materials?

Creating new lesson plans and modifying current plans is a vital aspect of developing instructional materials because it directly addresses the need for effective and relevant education tailored to the learners' needs. This process involves evaluating existing instructional content and adapting it to ensure it aligns with learning objectives, incorporates updated information, and uses effective teaching strategies. By developing new lesson plans, instructors can introduce new concepts, teaching techniques, and learning activities that engage students and facilitate comprehension. Furthermore, modifying current plans allows educators to refine their approach based on past experiences, student feedback, and evolving curriculum standards, ensuring continuous improvement in instructional quality.

The other options, while relevant in different contexts, do not directly pertain to the development of instructional materials. For instance, conducting competitive analysis may be important for understanding educational trends or positioning but does not focus on the creation of teaching materials. Establishing financial budgets for training relates to resource allocation rather than instructional content. Implementing public relations strategies is essential for promoting programs but does not contribute to the actual development of learning materials.