A Cost Model for E-learning projects in the United Kingdom

Abstract

This research aims to address the problems of estimating e-Learning development costs particularly within the United Kingdom. Hundreds of managers with no prior experience of managing e-Learning development often find themselves needing to produce cost estimations for e-Learning development and rely on structured expert judgement to produce accurate cost estimates. The lack of prior experience in e-Learning development means that these managers will not be able to apply structured expert judgement to their cost estimations and the risk of inaccurate estimations will be high, with all the subsequent problems this will bring with it. A solution needs to be found whereby these managers can produce accurate estimates without past experience. This research seeks to create a cost model, built on data from e-Learning projects in the United Kingdom which managers can use to produce cost estimates for e-Learning development.