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to overestimate
01
to give or assign a greater level of importance to something than it actually has
Transitive: to overestimate sth
02
to guess or calculate a value, size, or etc. to be higher than it actually is
Transitive: to overestimate a quantity
Overestimate
01
a calculation that results in an estimate that is too high
02
an appraisal that is too high
overestimate
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estimate
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estim
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Example
In this situation, it's better to err on the side of overestimating the budget to ensure all costs are covered.
