Concept:
The time period of a simple pendulum is given by the formula
\[
T = 2\pi \sqrt{\frac{L}{g}}
\]
where
\(L\) = length of the pendulum,
\(g\) = acceleration due to gravity.
Step 1: Substitute the given values.
\[
L = 1\ \text{m}, \qquad g = 9.8\ \text{m/s}^2
\]
\[
T = 2\pi \sqrt{\frac{1}{9.8}}
\]
Step 2: Simplify the expression.
\[
\sqrt{\frac{1}{9.8}} \approx 0.319
\]
\[
T = 2\pi \times 0.319
\]
Step 3: Calculate the time period.
\[
T \approx 2 \times 3.1416 \times 0.319
\]
\[
T \approx 2.01\ \text{s}
\]
Thus, the time period of the pendulum is
\[
\boxed{2.01\ \text{s}}
\]