In recent year, scholars have advanced calls for research on evaluation policy. The evaluation policy wheel proposed by Trochim was used to review and analyze faculty evaluation policy of 41 technological universities in Taiwan. In this paper we suggest redefinition to the categories of evaluation policy wheel and add evaluation ethics as a new category. In addition, supplementary and modifications to faculty evaluation policy of technological universities in Taiwan are prerequisite. While research on faculty evaluation is still at a beginning stage, findings of this article will have broad implications for practitioners as well as evaluation researchers, decision makers, and administrators for enhancing the usefulness of evaluation results, establishing its credibility, improving the quality of faculty evaluation, faculty evaluation policy reform, and for the implementation of faculty evaluation.