Providing feedback on student work is usually part of grading, but it can be a major learning situation, where we have a chance to provide 1-1 instruction to students. We may shift some of the effort in our teaching toward composing finely-honed, actionable feedback on student work that gives them specific instructions for improvement.
COLI has a resource providing tips on producing effective feedback, that accompanies episode 11 of our Pedagogy Primer Podcast