Valuation · The valuation · Element

The purpose

What decision the valuation was produced for.

The part

What it is

The purpose constrains the method and determines who will scrutinise the result, which is worth knowing before the work starts.

A valuation reused for a different purpose than it was produced for is a common and avoidable error.

The smallest level

The attributes it carries

Each attribute is one of the framework’s shared types. What a date is, and how it is written, is defined once for the whole model — the note here says what it means in this particular place.