Commercial & Finance

UAI meaning in oil and gas

Definition

UAP Allocation Indicator

UAI means UAP Allocation Indicator. This is a ratio between the use of cost contingency and the Project Progress. A ratio greater than 1.0 indicates that the percentage of contingency used is higher than the percentage…

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

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