ETYM Late Lat. assessamentum.
1. An amount determined as payable.
2. The market value set on assets.
ETYM Latin aestimatio, from aestimare: cf. French estimation. Related to Esteem.
1. The act of estimating.
2. The result of estimating.
3. An opinion or judgement.
ETYM Cf. French évaluation, Late Lat. evaluatio.
1. Act of ascertaining or fixing the value or worth of; SYN. rating.
2. An appraisal of the value of something; SYN. valuation, rating.
A periodic assessment of the efficiency, effectivness, impact, sustainability and relevance of a project in the context of stated objectives. It is usually undertaken as an independent examination of the background, objectives, results, activities and means deployed, with a view to drawing lessons that may guide future decision making. An evaluation of a project assesses the degree to which the goals and ob-jectives were met.