In an Appraisal Report, how must the scope of work used to develop the appraisal be presented?

In an Appraisal Report, the scope of work must be summarized. This requirement underscores the importance of providing a clear and concise overview of the methodologies, techniques, and specific tasks undertaken during the appraisal process. A summarized scope of work allows readers, including clients and regulatory bodies, to quickly grasp the extent and nature of the work performed.

Summarizing the scope of work ensures that essential details are communicated effectively without delving into excessive specifics that could clutter the report. This approach helps maintain clarity and supports transparency in the appraisal process, allowing stakeholders to understand the conclusions drawn from the appraisal.

By contrast, describing or stating the scope of work might imply a more detailed or verbose presentation than what is required for effective communication. Omitting the scope of work entirely would lead to significant gaps in the report, leaving stakeholders without necessary context regarding how the appraiser arrived at their conclusions.