aukakostnaður
Aukakostnaður, a term originating from Icelandic, translates to additional cost or extra expense. It refers to any expenditure incurred beyond the initially planned or budgeted amount for a project, purchase, or service. This can arise from various factors, including unforeseen circumstances, changes in scope, material price fluctuations, or errors in initial estimations.
In project management, aukakostnaður is a critical consideration. It often necessitates the allocation of contingency funds
Consumers may encounter aukakostnaður when buying goods or services. For instance, a renovation project might incur