Evaluation

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Evaluation

Evaluation (pronounced: /ɪˌval.juˈeɪ.ʃən/) is a systematic determination of a subject's merit, worth and significance, using criteria governed by a set of standards. It can assist an organization to assess any aim, realizable concept/proposal, or any alternative, to help in decision-making; or to ascertain the degree of achievement or value in regard to the aim and objectives and results of any such action that has been completed.

Etymology

The term 'Evaluation' comes from the Latin word 'evaluare', which means to 'find the value of'.

Related Terms

  • Assessment: An evaluation or estimation of the nature, quality, or ability of someone or something.
  • Appraisal: The act of assessing something or someone, typically for the purposes of a business.
  • Review: A formal assessment of something with the possibility or intention of instituting change if necessary.
  • Analysis: Detailed examination of the elements or structure of something.
  • Audit: An official inspection of an organization's accounts, typically by an independent body.

See Also

External links

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