Production & OperationsVerified
CPI meaning in oil and gas
CPI means Cost Performance Index. An index used within project controls / planning and cost controls to determine the cost performance of a project with respect to actuals and earned values. Can be trended over time to…
Definition
Cost Performance Index
An index used within project controls / planning and cost controls to determine the cost performance of a project with respect to actuals and earned values. Can be trended over time to form a control chart focus. Also check out SPI (Schedule Performance Index).