Hi Donna:
Great, these are all necessary and important.
I look at the course objectives (CO's) and student learning outcomes (SLO's); then I consider the media I have access to. From there my lessons are developed. Therefore my grading is based on objective course material expected of all students, is fair, frequently assessed (so correction in thinking or application can occur), and of course, based as much as possible on job readiness. Some courses are less applicable to the work setting, but still the CO's and SLO's should form the foundation of assessments.
Regards, Barry