Underestimation (Noun)
Meaning
An estimation that is too low; an estimate that is less than the true or actual value.
Classification
Nouns denoting cognitive processes and contents.
Examples
- The project's timeline was severely impacted by the underestimation of the complexity of the task.
- Her underestimation of the cost of materials led to a significant budget overrun.
- The underestimation of the crowd size resulted in inadequate seating and facilities.
- The underestimation of the opponent's strength led to a surprise defeat in the championship game.
- The company's underestimation of the demand for the new product led to stock shortages and lost sales.