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value assessment

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1) "Value" -- As to value assessment 1val·ue Pronunciation: 'val-(")yü Function: noun Etymology: Middle English, worth, high quality, from Anglo-French, from Vulgar Latin *valuta, from feminine of *valutus, past participle of Latin valEre to be of worth, be strong -- more at WIELD 1 : a fair return or equivalent in goods, services, or money for something exchanged 2 : the monetary worth of something : MARKET PRICE 3 : relative worth, utility, or importance <a good value at the price> <the value of base stealing in baseball> <had nothing of value to say> 4 : a numerical quantity that is assigned or is determined by calculation or measurement <let x take on positive values> <a value for the age of the earth> 5 : the relative duration of a musical note 6 a : relative lightness or darkness of a color : LUMINOSITY b : the relation of one part in a picture to another with respect to lightness and darkness 7 : something (as a principle or quality) intrinsically valuable or desirable <sought material values instead of human values -- W. H. Jones> 8 : DENOMINATION 2 - val·ue·less /-(")yü-l&s, -y&-/ adjective - val·ue·less·ness noun Pronunciation Symbols Value can refer to: Value (mathematics) -- the value of a variable in mathematics. Value (personal and cultural) -- the principles, standards, or quality which guides human actions Value (economics) -- the market worth or estimated worth of commodities, services, assets, or work. Value theory -- in ethics, aesthetics and other evaluative matters Value (marketing) -- Value (computer science) Value (law) Value (semiotics) Value (colorimetry) -- a measure of white or black in color Anthropological theories of value Theory of value for more general discussions of economic value. Moral character Progressive logic, that illustrates the value logic of civic morality. Store of value Phronesis ..." 2) "Assessment" -- As to value assessment as·sess·ment Pronunciation: &-'ses-m&nt, a- Function: noun 1 : the action or an instance of assessing : APPRAISAL 2 : the amount assessed Pronunciation Symbols It has been suggested that Performance-based assessment be merged into this article or section. (Discuss) Assessment is the process of documenting, usually in measurable terms, knowledge, skills, attitudes and beliefs. This article covers educational assessment including the work of institutional researchers, but the term applies to other fields as well including health and finance. 1 Types 1.1 Formative and summative 1.2 Objective and subjective 1.3 Criterion-referenced and norm-referenced 1.4 Informal and formal 2 Standards of quality 2.1 Testing standards 2.2 Evaluation standards 2.3 Validity and reliability 3 Controversy 4 Notes and references 5 See also 6 External links Assessments can be classified in many different ways. The most important distinctions are: (1) formative and summative; (2) objective and subjective; (3) criterion-referenced and norm-referenced; and (4) informal and formal. There are two main types of assessment: Summative assessment - Summative assessment is generally carried out at the end of a course or project. In an educational setting, summative assessments are typically used to assign students a course grade. Formative assessment - Formative assessment is generally carried out throughout a course or project. Formative assessment, also referred to as educative assessment, is used to aid learning. In an educational setting, formative assessment might be a teacher (or peer) or the learner, providing feedback on a student's work, and would not necessarily be used for grading purposes. Ipsative assessment - Ipsative assessment is a style of assessment (or testing) in which the tested individual ..." 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