Meaning of the word "self assessment" in English

What does "self assessment" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

self assessment

US /ˌself əˈses.mənt/
UK /ˌself əˈses.mənt/

Noun

the evaluation of oneself or one's actions and attitudes, in particular, of one's performance at work or in an academic context

Example:
The course includes a component of peer and self-assessment.
Regular self-assessment helps identify areas for improvement.