I actually copied this and put it on a sticky note, as I find it so important:
The evaluation process for an online course should include the following steps:
Develop an overall evaluation strategy that helps the instructor plan how and when to evaluate the effectiveness of the instruction.
Develop a formative evaluation strategy that can be used to revise instruction as the course is being developed and implemented.
Develop a summative evaluation strategy that is conducted after instruction is completed and provides information for course revision and future planning.
Collect data from students using both quantitative and qualitative methods.
Collect and analyze evaluation data and make necessary changes. Careful analysis will help identify weaknesses and strengths in the instructional process.
