verb to estimate (something) too highly or too much
In statistical analysis, the term 'overestimated' is used to describe a situation where a value or parameter is predicted to be higher than it actually is.
In economics, 'overestimated' is used to describe a situation where the value of a financial asset or economic indicator is predicted to be higher than its actual value.
In project management, 'overestimated' is used to describe a situation where the time, cost, or resources required for a project are predicted to be higher than they actually are.
In the world of literature, a writer's work can often be overestimated by critics and readers alike, leading to inflated expectations for future projects.
Psychologists must be careful not to overestimate the effectiveness of certain therapeutic techniques or interventions when working with clients, as this can lead to unrealistic expectations and potential harm.
Financial analysts may overestimate the potential returns of a particular investment, leading to poor decision-making and financial losses for their clients or organizations.
Architects may overestimate the structural integrity or aesthetic appeal of a building design, which can have serious consequences in terms of safety, functionality, and overall satisfaction of the end-users.
Marketing managers may overestimate the impact of a particular advertising campaign or promotional strategy, leading to disappointment in terms of sales results and return on investment.