Appraisal
A standardized assessment conducted by qualified appraisers analyzing and evaluating one or more processes against a formal appraisal framework or model. It identifies the current capability and maturity levels, strengths, weaknesses, and risks relative to the reference standards. Appraisals provide benchmark measurements to gauge process effectiveness and guide improvements. There are various types including initial capability evaluations, benchmarking to comparatives, monitoring of improvement programs, and confirming sustainability. In all cases, appraisals involve methodical documentation of findings and recommendations based on investigation of objective evidence and data relative to the appraisal reference model.
