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Biweeklycast  

Biweeklycast

Author: Biweeklycast

Friendly discussions about life, business, engineering, and learning between Dima Malenko and Slava Rudnytskyi.
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Language: en-us

Genres: Business, Management

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Estimation
Episode 5
Tuesday, 2 December, 2025

📺 Watch this episode on YouTube.Dima and Slava discuss the complexities of estimation in business contexts and the challenges of striking the balance between ambition and realism.Estimation, forecasting, and projectingDesired level of confidence for the estimate makes a differenceShort-term vs long-term estimation50/50 goalsBenchmarking is helpful when you do something novelWorking backwards can help in planning projectsIs your thing really a special snowflake?Illusion of precision, or precision biasRealistic estimated vs ambitious goalsEstimation and benchmarking was also discussed in Biweeklycast #36 How Big Things Get Done.

 

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