Long-term water flooding leads to changes in pore throat structure, resulting in alterations in macroscopic reservoir petrophysical parameters. However, commercial numerical simulation software does not have this capability. Ignoring variations in physical parameters during the formulation of development plans and numerical simulations can lead to significant prediction errors, which severely impacts oil field recovery. This paper, based on an analysis of effective flow rate and waterflood intensity, proposes a new erosion degree characterization parameter: Effective water flux, to represent the time-varying patterns of physical parameters. It is embedded into a black oil model to develop a time-variation simulator, whose accuracy and stability in both black oil and time-variation models are validated through comparison with the commercial numerical simulation software CMG. The study further explores the effects of different parameter variations on the development process. It was found that increases in permeability and oil viscosity exacerbate heterogeneity and reduce displacement efficiency, while decreases in residual oil saturation and water phase permeability under residual oil saturation enhance water flooding efficiency. In complex models, the effects of variations in different parameters intertwine, collectively influencing development outcomes. This paper advances the development of time-variation numerical simulation technology.