The Online Program Economic Risk Assessment Model

The Online Program Economic Risk Assessment (OPERA) model is a guide to assist educational institutions in the design, launch, and operation of online degree programs. While every organization will have different costs, the OPERA model presents cost categories and percentages of total expenditures that can inform online programs to expected costs and the relative magnitude of those costs. The OPERA model should serve as a helpful planning tool to project the expected expenses associated with launching or operating an online degree program.