Evaluation vs. Estimation
Evaluationnoun
An assessment, such as an annual personnel performance review used as the basis for a salary increase or bonus, or a summary of a particular situation.
Evaluationnoun
(mathematics) A completion of a mathematical operation; a valuation.
Evaluationnoun
Determination of the value of a variable or expression.
Evaluationnoun
Valuation; appraisement.
Evaluationnoun
act of ascertaining or fixing the value or worth of
Evaluationnoun
an appraisal of the value of something;
Evaluationnoun
the making of a judgement about the amount, number, or value of something; assessment
Evaluation
Evaluation 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, program, design, project or any other intervention or initiative to assess any aim, realisable 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.
Estimationnoun
The process of making an estimate.
Estimationnoun
The amount, extent, position, size, or value reached in an estimate.
Estimationnoun
Esteem or favourable regard.
Estimationnoun
The act of estimating.
Estimationnoun
An opinion or judgment of the worth, extent, or quantity of anything, formed without using precise data; valuation; as, estimations of distance, magnitude, amount, or moral qualities.
Estimationnoun
Favorable opinion; esteem; regard; honor.
Estimationnoun
Supposition; conjecture.
Estimationnoun
an approximate calculation of quantity or degree or worth;
Estimationnoun
a document appraising the value of something (as for insurance or taxation)
Estimationnoun
the respect with which a person is held;
Estimationnoun
a judgment of the qualities of something or somebody;
Estimation
Estimation (or estimating) is the process of finding an estimate, or approximation, which is a value that is usable for some purpose even if input data may be incomplete, uncertain, or unstable. The value is nonetheless usable because it is derived from the best information available.
