An Estimate Isn't a Promise
Sometimes the most honest estimate answer is “I don’t know.” That’s useful — but incomplete. Good estimates mix what you know and what you don’t. A common technique is to use relative comparisons (e.g. The estimate to build “Change Password” is about half of building “Login”), another technique is to use probability ranges (“between 5 to 15 days, most likely 12 days”). Both of these approaches can give managers, product owners, and stakeholders some meaningful information without pretending certainty. ...