



Establishing clear guidelines and processes for estimation.
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what means estimate Informational
- The time horizon is a key difference, with estimation often focused on the present or recent past, and forecasting focused on the future.
- Many of the same techniques and principles are used in both estimation and forecasting.
- Structuring the process to encourage diverse perspectives and independent thinking.
- Avoiding the misuse or manipulation of estimates to support a particular agenda.
- Identifying the types of documentation required (e.g., user manuals, technical specifications, API documentation).
- Underestimation and overestimation. How can you mitigate biases in estimation?
- Using techniques like prediction markets or Delphi methods to aggregate the collective knowledge of a group.
- Prioritizing the estimation of the most significant cost or effort drivers.
- How can historical context influence art estimation?
- Addressing data quality and governance considerations. What are some key considerations when estimating the effort for artificial intelligence (AI) and machine learning (ML) projects?
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