In my opinion:
Important concepts in Assessment Practices:
Formative vs. Summative Assessments.
Formative = ongoing, developmental, tracking student progress across time. Summative = a final examination.
Authentic Assessments = types of assessments that are relevant to students and authentic in nature (i.e., instead of a multiple-choice test about learning construction terms, a student would build a birdhouse).
Objective vs. Subjective = multiple choice vs. written response
Formal vs. Informal = formalized testing/quiz etc. vs. less-rigorously evaluated/tested data, such as class discussion, games, etc.
Internal vs. ...
The most important assessment practices and why are determined.