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What is a Management Dashboard?
The term Management Dashboard defines a wide range of data reporting and visualization tools or dashboards that allow using various performance & efficiency measures to report on an enterprise’s ability to organize and coordinate its activities in accordance with certain policies and in achievement of pre-determined objectives. What is a Management Dashboard?
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Money Management Action Plan

In this Money Management Action Plan you can read a range of tips and suggestions that will help you manage your money in an effective manner.

Money Management Action Plan
Home » Glossary » What is Schedule of Values
What is Schedule of Values   

What is Schedule of Values


 Schedule of Values is a detailed statement of progress payments in construction industry. It defines how the entire contract sum is allocated among the various portions of the work. The purpose of a schedule of values is to enable the owner or architect to determine what percentage of construction completion has been achieved for particular items of work (as every step in building process is tied up to certain sum). Contractors consider a schedule of values as a tool to get paid progressively for work they accomplish, especially on projects with multiple billings (this schedule is utilized as the basis for submitting and reviewing progress payments, so the customer bills monthly for reasonable percentage of actually completed work). Schedule of values can be composed by filling a standard form provided by national associations of contractors, but a lot of commercial contractors use their own templates.

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