General Industry TermVerified

CAI meaning in oil and gas

CAI means Contingency Allocation Indicator. This is a ratio between the use of schedule contingency and the Actual Progress. A ratio greater than 1.0 indicates that the percentage of contingency used is higher than the…

Definition

Contingency Allocation Indicator

This is a ratio between the use of schedule contingency and the Actual Progress. A ratio greater than 1.0 indicates that the percentage of contingency used is higher than the percentage progress.

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