I'd say it depends where you work and if your company fosters failure and growth. Where I work I get a formally recorded performance assessment following each

I'd say it depends where you work and if your company fosters failure and growth. Where I work I get a formally recorded performance assessment following each piece of work I deliver, which is usually in the range of 6-10 projects a year. Each of these projects is rated with strengths and weaknesses and if I was performing at the level required. This is then rolled up into my annual performance review, which is a review of the aggregate result of those, plus any other non-project related outcomes.