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Appraisal 
Established process for the planned,
formalized, and standardized valuation of objects according to past, present
or future-oriented criteria.
Appraisal processes in the mySAP HR Objective Setting and Appraisals
component can depict personnel appraisals, objective setting agreements, and
business event appraisals, for example.
An appraisal process is represented in the appraisal catalog on the basis of an appraisal category and an appraisal template created according to the category. You use the appraisal template to create appraisal documents in the application.
