What Is Meaning of Appraisal By Results?
Evaluating the performance of the employees is the best indicator of their potential and ability. Employees are evaluated against some predetermined objectives....
Evaluating the performance of the employees is the best indicator of their potential and ability. Employees are evaluated against some predetermined objectives....
A trait is a distinguishing feature or characteristic: 1. Ranking Method This method involves giving ranks to the employees depending upon their...
Performance appraisal involves evaluation of employee’s performance at the work place. Features of performance appraisal 1. Systematic evaluation 2. Focus on result 3....
Pre-investment Appraisal- The results of the feasibility analysis, the techno-economic analysis, the design & network analysis, the financial analysis & the cost-benefit...
Meaning: Project appraisal is ex-ante analyses. Project appraisal means the critical assessment of a project. It is a critical examination &...
Performance appraisal– “The systematic description of employee’s job relevant, strength, weakness.” It is the process through which the organization gets information on how well an...
Economic Oriented Appraisal: The economic viability depends upon its profitability. A project without adequate profits or which is likely to incur losses, cannot...
Limitations of performance appraisal 1. Biased Evaluation 2. Time Consuming 3. Costly 4. Lack of uniformity 5. Documentation 6. Evaluators may not be trained...
Benefits/importance / purpose of performance appraisal 1. Maximise productivity 2. The managers can express their expectations. 3. Motivating employees. 4. Fixing salary 5....
Objectives of Project Appraisal: To extract relevant information for determining the success or failure of a project. To apply standard yardsticks for determining...