The document discusses portfolios, which are collections of student work that demonstrate learning experiences and progress. Portfolios were developed in the early 20th century as an assessment tool. They can include materials like progress reports, certificates, presentations, notes, and awards. The goals of portfolios are to show student development, knowledge of topics, talents, and the learning process. They provide an alternative form of assessment that emphasizes accountability, active learning, and self-reflection. While portfolios require more time than traditional tests, they offer benefits like flexibility and a more holistic view of students' work and progress.