Advisor

What Is an Estimate?

Posted February 18, 2004 | Technology |

An "approximate calculation" is the dictionary definition of an estimate. Nearly everyone expresses interest in getting better at estimating, but what do they really mean, and is what they mean reasonable? I want to discuss estimation by focusing on several key words: target, estimate, approximation, expectation, and uncertainty.

About The Author
Jim Highsmith
Jim Highsmith is a Cutter Fellow Emeritus. He was the founding Director of Cutter’s Agile Product & Project Management practice and received the 2005 Stevens Award in recognition of his work in adaptive software development and Agile processes. Mr. Highsmith has 30-plus years’ experience as an IT manager, product manager, project manager, consultant, and software developer. He has consulted with IT and product development organizations and… Read More
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