When You’re Asked to Estimate Something New
At Empire Enterprises, estimates were an integral part of the business process to approve new projects. At TinyToyCo, no estimates were needed, and they likely wouldn’t have changed the decision if they’d been made. This shows that it’s not a given that estimates are always needed. As we saw in Benefit of Headlights, though, some level of estimation is usually helpful to most organizations.
Imagine you’re the Project Technical Lead at Empire Enterprises who was asked to estimate the rare-earth magnet procurement project. Would you feel nervous? If you would, it’s not because of the context at Empire Enterprises, which is a fictional company. It’s because you’ve seen bad behavior in real-life situations ...
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