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Which type of estimate is prepared when additional work beyond the original project scope is required, leading to an increase in project costs?

5. Which type of estimate is prepared when additional work beyond the original project scope is required, leading to an increase in project costs?

1. Detailed estimate
2. Supplementary estimate
3. Preliminary estimate
4. Quantity estimate

Answer

The correct answer is: B) Supplementary estimate

Explanation

When unexpected events or more work crop up throughout the building process, supplemental estimates are made to account for them, which drives up project prices.