Schedule of Values in Construction Explained | Procore A schedule of values (SOV) is an itemized list of each activity required to complete the scope of work on a construction project, along with the corresponding costs or values
Subject–object–verb word order - Wikipedia SOV is believed to have been the "default" order of the protolanguage of the Sino-Tibetan family Most Sino-Tibetan languages exhibit SOV order; however, the largest sub-branch of the family, the Sinitic or Chinese languages, are uniformly SVO, with some SOV-derived features
Schedule of Values: How to Build, Use, and Avoid Common Errors The SOV is common in commercial and institutional construction, especially where payments are made in stages It ensures billing aligns with actual work performed, not estimates Most SOVs are built from the project budget or subcontractor quotes for accuracy
Schedule of Values in Construction (Example Template Included) The schedule of values (SOV) is a construction document that’s part of the payment process when working on a project It helps with project management by listing the project’s scope and the costs associated with those task needed to deliver the project successfully