This paper reports the development of a course development lifecycle model which is intended to inform the identification of ‘hidden’ costs associated with network‐based learning. The development of this model formed part of a six‐month research study funded by the Joint Information Systems Committee of the UK Funding Councils. The study aimed to produce a planning document and financial schema through which the full costs of networked learning could be documented A discussion is given of the initial five‐stage model, the testing and development of this model and the evolution of a final three‐phase model. Hypothetical examples are given of the use of the three‐phase model
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