Understanding Phasing in UniPhi (Costs and Contracts)

Overview

Phasing in UniPhi is used to distribute financial values across time so that project budgets, forecasts and contract amounts align with when work is expected to occur. By allocating values to financial periods, users can produce accurate cash flow forecasts and monitor how financial performance changes throughout a project lifecycle.

In the Costs module, phasing is used to schedule cost budgets and forecasts for each account code within the chart of accounts. This allows project teams to see both the total cost of an item and how that cost is expected to occur across financial periods.

In the Contracts module, phasing occurs within the Schedule screen. Contract deliverables or contract amounts can be distributed across months to forecast when revenue will be earned or invoiced.

The phasing screens combine financial totals and scheduling information in a single view. Users can review values such as totals, remaining amounts and variances alongside the timing of those values.

This allows project teams to confirm that financial planning aligns with the project schedule.

Values can be phased manually by entering amounts into monthly columns, or they can be generated using inputs such as start dates, durations, quantities and rates.

This flexibility allows UniPhi to support both simple financial planning and more structured scheduling approaches.