Jessica believes she can complete a term paper, start to finish, in two days, so she begins the paper two days before its due date. unfortunately, she soon realizes it will more likely take four or five days to complete. her failure to accurately determine how long the assignment would take best illustrates:

Her failure to accurately determine how long the assignment would take best illustrates OVERCONFIDENCE. Overconfidence refers to a biased way of considering circumstances; it makes one to misjudge one's value, opinion or belief. In overconfident individuals, the subjective confidence in their judgement is greater than the objective accuracy of those judgements.