01
Project Setup
Management records the project, contract value, budget, payment terms, important dates and valuation method.
ZB / Control Path
From site
to financial
position.
Six stages connect what happened on site to what management sees.
01—06 / Six Stages
The six steps
02
Site Reporting
The site records physical progress, current activity, problems and supporting evidence.
Physical progress is not turned directly into money.
03
Commercial / Measurement
The commercial team records what work has been valued, claimed, certified, retained and varied.
Commercial value comes from the project's valuation method.
04
Finance / Payment
Finance records what has become due and what cash has actually been received.
05
Cost / Forecast
The project records cost to date and expected remaining cost. Zeus Black shows where the project is forecast to finish financially.
06
Executive / Management
Management sees one combined view of the project's financial position.
Site → Commercial → Cost → Claim → Certification → Cash → Management
Important
Do not confuse these numbers.
- Physical progress ≠ Commercial value
- Valued ≠ Claimed
- Claimed ≠ Certified
- Certified ≠ Cash received