Here is a great tutorial created by Michael Jones, showing how to model a female head. It’s not a time lapse, actually the whole tutorial has more than one hour of video!
This is the description of the tutorial by Michael Jones:
I have always wanted to make a good video tutorial, and finally had the inspiration and time, to make just that. So I have released a fairly lengthy video tutorial on how to model a female head in blender. I am planning on making more video tutorials for this character covering modeling the body, clothes and accessories, uv mapping and creating textures, creating hair, rigging, shapekeys, and of course animating.
You can find all four videos listed here. Have fun!

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