A system and method of installation for installing a rolled sheet material on a vertical or near-vertical surface are described. Specifically the system and method of installation are useful in the construction industry where heavy rolls of sheet materials must be precisely installed on walls and other vertical surfaces that can be several stories high. The system includes a rolled material spool holder with mounting hardware to allow mounting of the spool holder to a piece of construction equipment along with a spool director, which is also mounted to the piece of movable construction equipment, such as a scissor lift. The method of installation involves positioning the scissor lift along the wall in the desired start location and the desired starting height. The operator affixes the start of the roll to the wall and then drives the scissor lift along the wall, which causes the roll to unwind due to the movement of the scissor lift, while an additional worker affixes the roll to the wall at the desired intervals.