I’m sure we’ve all estimated tasks. It’s usually not a fun exercise. I can’t make the estimating process any more fun, but hopefully you can have some fun reading about these 7 estimation techniques.
I only like to use the last 2 techniques, but you need the right client and project manager for them to be effective. Hopefully you can avoid the other techniques, but sometimes you are forced to use them.
This is a commitment, not an estimate. The person asking for the estimate wants the ability to exert pressure on you if you go over this amount. This results in significant overestimation to avoid the pressure.