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The purpose of valuation is to determine the worth of an asset or company and compare that to the current market price.
Valuation is a process by which analysts determine the present or expected worth of a stock, company, or asset. The purpose of valuation is to appraise a security and compare the calculated value to the current market price in order to find attractive investment candidates.
A schedule of values (SOV) is a comprehensive document listing the cost of each work item and the amount of work completed for a construction project.
A valuation schedule is a schedule that proALPHA uses to valuate the stock quantities and works in process of self-produced parts.
Valuation techniques used to measure fair value of an item should be applied consistently. A change in a valuation technique or its application can be made if it results in a measurement that is equally or more representative of fair value in the circumstances.

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Note Navigate to the project's Prime Contracts tool. Locate the contract to update. Then click its Number link. Click the Schedule of Values tab. \u200bBelow the 'Schedule of Values' table, click Import. Then choose SOV from Budget from the drop-down menu. In the 'Import Schedule of Values from Budget?' window, click Import.
This module examines the traditional property valuation methods: comparative, investment, residual, profits and cost-based.
Review the line items on the Subcontractor SOV tab. Then choose from these options: To approve the Subcontractor SOV, change the status to 'Approved. '

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