Undercalculated refers to the act of estimating or calculating something below its true value or amount, often leading to inaccuracies, underestimations, or a lack of foresight. This term can apply to various contexts such as finance, resource management, and project planning, where the underestimation of costs, time, or resources can result in unfavorable situations or outcomes.
Undercalculated meaning with examples
- In project management, we often face the repercussions of an undercalculated budget. When the initial numbers do not account for unforeseen expenses, we may find ourselves scrambling to secure additional funds to complete the project on time.
- The environmental impact assessment was criticized for being undercalculated. By overlooking specific factors, such as biodiversity loss and pollution levels, the report failed to present a true picture of the project's potential damage.
- During the recent economic downturn, many businesses were found to have undercalculated their operational costs. This weakness led to cash flow problems as they struggled to meet ongoing expenses without sufficient revenue.
- In an effort to streamline operations, the company undercalculated its workforce needs. This resulted in employee burnout and decreased productivity as the remaining team members were overburdened with increased workloads.
- The analysis presented to the stakeholders was deemed undercalculated, particularly regarding market trends. By not fully considering potential shifts in consumer behavior, the investors might miss valuable opportunities.