Viewing e-learning means you can complete e-learning that is assigned to you, by viewing your training profile.
Managing e-learning means you can allocate users e-learning, access your own training profile and complete e-learning, and you can also access an overview for all e-learning.
The overview gives you a list of all the e-learning courses available. It also provides a list of the users at the site that have been allocated e-learning, and it tells you whether they are current, overdue, failed, or if they've never been assigned.