What is a summary rating?

Summary evaluation is the type of evaluation that occurs at the end of the project or activity. The purpose of the evaluation is to go through the details of what has shown during the activity, identify key events or factors that affected the outcome and determine what could be done to solve negative aspects or strengthen the positive aspects of this activity, so the result was more profitable or positive. Sumative evaluation can be very useful as a tool that learns from the experience of one activity so that future activities can be structured with higher efficiency.

The idea of ​​a summary evaluation differs from the idea of ​​a formative evaluation. With the former, a project that is now completed with the aim of learning from experience is assessed, both in terms of what worked and what did not. On the other hand, the formative evaluation occurs before or when the project is running, with the aim of identifying potential strengths and weaknesses that are likely to affect the result. Both forms evaluatedThey are critical, with one to minimize liabilities with a new project and the other is used to provide data that can help achieve success with future projects.

Sumative evaluation will include the identification of all the benefits and obligations that have passed during the project or activities. Although it often focuses on direct benefits and obligations, the evaluation can also consider indirect results. For example, along with noting that the project increased sales by ten percent for the last closed accounting period, it can also be noted that the project also had the advantage of increasing efficiency in one or more departments by a significant margin. Although the aim was to increase sales revenue, identifg further benefits of higher productivity makes it easier to determine whether the overall benefits obtained were the values ​​of any costs that could have occurred during the project.

almost any type of organization can take advantage ofSumative evaluation at the end of the activity. Small businesses can use this approach to determine what has happened during the reworking of the production floor, especially in terms of creating products to fill in customer orders with more efficiency. Larger corporations can determine whether the marketing campaign generates sufficient results to deserve to continue this campaign or whether some changes are in order. The non -profit organization can carry out a summary assessment of recent activities to obtain funds and decide whether a similar event should take place again or whether the costs were not compensated by the collected funds, which is less than profitable.