overestimation
Thinking too highly
Overestimation is the act of judging something to be greater, better, or more significant than it actually is.
You might make an overestimation of costs when budgeting, leaving you with surplus funds, or an overestimation of your own abilities that leads to disappointment.
His overestimation of the project's complexity meant we finished weeks early.
The word carries an implicit correction—calling something an overestimation means reality has revealed the error.
Error in estimation
- misjudgmentFaulty evaluation of something
- overshootGo beyond intended point
- overvaluationAppraising too highly
- misestimateJudge incorrectly
overcounting · overassessment · inaccuracy · distortion · disproportion · overrating · misapprehension · overcalculation
Claim beyond the facts
- inflationSustained price level increase
- hyperboleRhetorical extreme exaggeration
- embellishmentDecorative addition or exaggeration
- amplificationIncrease in intensity
dramatization · puffery · aggrandizement · boasting · bragging · grandiosity · overplay · stretching
Unjustified certainty in oneself
- hubrisRuinous excessive confidence
- self-enhancementMaintaining positive self-view
- Dunning-KrugerOverconfidence from incompetence
- self-servingBenefiting oneself primarily
miscalculation
Error in estimation
- misjudgmentFaulty evaluation of something
- overshootGo beyond intended point
- overvaluationAppraising too highly
misestimate · overcounting · overassessment · inaccuracy · distortion · disproportion · overrating · misapprehension · overcalculation · overcount
overstatement
Claim beyond the facts
- inflationSustained price level increase
- hyperboleRhetorical extreme exaggeration
- embellishmentDecorative addition or exaggeration
amplification · dramatization · puffery · aggrandizement · boasting · bragging · grandiosity · overplay · stretching · superlative
overconfidence
Unjustified certainty in oneself
- hubrisRuinous excessive confidence
- self-enhancementMaintaining positive self-view
- Dunning-KrugerOverconfidence from incompetence
- misjudgmentsmisjudgment, mistake, error, blunder, miscalculation
- foolishnessfoolishness, silliness, foolish, stupid, folly
- mental lapseslapse, forget, slip, misplace, overlook
- misunderstandingsmisunderstanding, misinterpretation, misconception, misreading, miscommunication
- misjudgementsmistakes, blunders, errors, oversights, lapses
- cognitive biasesconfirmation bias, anchoring bias, negativity bias, framing effect, optimism bias
overestimationunderestimation
Judging below actual value
underestimate · undervaluation · underrating · underassessment · lowballing
overestimationunderestimation
Judging below actual value
undervaluation · underappreciation · depreciation · devaluation · belittlement