This document discusses developing portfolios for students and teachers. It defines a portfolio as a collection of a person's work used to demonstrate their skills and abilities. The document outlines the characteristics of student portfolios, including clear learning targets, organized work samples, guidelines for inclusion, and student self-reflection. Advantages are promoting self-assessment and motivation, while disadvantages include time consumption and difficulty in scoring. Steps to develop a student portfolio include setting a purpose, criteria for grading, determining included content, and involving students in the selection process.