Evaluation is the final value ring
An evaluation is to interpret all the information of a particular process in order to assess the outcome. A project often involves the end result, why are certain decisions taken, how satisfied is the client, etc. There may also be an evaluation to determine which direction is chosen, an evaluation of the various possibilities available. The Dutch evaluate gladly and often, and estimate thus the value of something, which value is not always a pecuniary value, but can also mean a time advantage, or a better procedure. You can also evaluate a (job interview) conversation, to assess what your chances are, and what you should do better or else next time.