Estimates are Intentionally Imprecise
An estimate is a guess about how long the work will take - made without actually doing the work. The estimate needs to provide us some value, so it can’t just come out of thin air. But it also doesn’t need to be exactly right and take weeks and weeks to determine. There is a balance. We want that guess to be cheap (spending as little time as possible to make it), so we can get on with the actual work. And because of that estimates are intentionally imprecise. ...