Overview: Commercial Management for Major Projects
- apavel6
- Sep 30
- 1 min read
UniPhi provides a comprehensive solution for the commercial management of major projects. The primary goal is to generate key commercial reports and outcomes, including:
Client Invoicing
Joint Venture (JV) / Alliance / Subcontractor Invoicing
Estimate to Complete (ETC) and Estimate at Completion (EAC) Reporting
Earned Value (EV) Reporting
Before you can achieve these outcomes, you must establish a set of Foundational Data. This includes setting up your WBS, resource pool, rates, and timesheet/expense data.
There are two primary methods for structuring this data in UniPhi:
The Project-Based Approach: In this method projects in UniPhi are set up as activities (e.g., "Sydney Metro West," "Western Sydney Airport") . A central "Finance Project" is then created to house "Program Contracts" (Program Revenue or Program Cost) . These Program Contracts aggregate all the time and cost data from the various individual projects to generate a consolidated invoice .
The Contract-Based Approach: This method is used when the entire Work Breakdown Structure (WBS) is managed within a single contract as deliverables and variations. Team members book timesheets directly against these contract deliverables, and the client claim is generated from that contract.
This guide will first cover the Foundational Data setup required for both methods, followed by specific instructions for each approach.
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