Unraveling the Mystery of Estimation
A Guide for Engineering Leads and Product Executives
In the world of product development and project management, questions like "When will the team deliver the feature X?" or "How long does it take you to set up the Learning and Development Process?" are commonplace.
However, the quest for answers often leads to a daunting challenge: estimation.
The Conundrum of Estimation
The tension between management's desire for precise numbers and an individual or team's hesitance to commit can create negative dynamics within organizations. This friction arises from the inherent uncertainty in predicting timelines and outcomes.
Understanding the Need for Estimates
Isolated within a team, it's easy to overlook the interconnectedness of various departments and their reliance on estimates. Sales promises, PR strategies, marketing calendars, budget negotiations, user testing schedules—the list of dependencies is extensive. Organizations operate as interdependent ecosystems where every piece plays a vital role in achieving common goals.
Collaboration Over Competition
Rather than working in silos, success lies in collaboration across departments. By recognizing that our collective victories contribute to the company's overall success, we foster a culture of cooperation and shared achievement.
Navigating the Fear of Commitment
"Estimates are not commitments"
should be the mantra guiding our approach.
Removing negative consequences associated with inaccurate estimates and fostering curiosity about the work being done can help alleviate the fear of commitment.
Practical Strategies for Estimation
From setting clear timelines (xx date to due date) to tracking invested time using tools like JIRA, there are practical steps to improve estimation accuracy.
Additionally, focusing on factors like size, risk, complexity, and simplicity can refine the estimation process.
Tools and Techniques
Explore various estimation tools such as
- Zoo estimation
- T-shirt sizes
- Estimation poker
- and Fibonacci sequence.
- These methods, popularized by experts like Mike Cohn, offer effective ways to tackle estimation challenges.
Resources for Further Learning
For those eager to delve deeper into Agile Estimating and Planning, Mike Cohn's classic resources provide invaluable insights:
Embracing estimation as a collaborative endeavor can pave the way for smoother project execution and enhanced organizational success. Let's navigate the intricacies of estimation together and empower our teams to thrive in the face of uncertainty.
