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There are so many different opinions about cost estimations in software, and many of these are rooted in estimates being used as measurements, targets or commitments. I want to clear up some misconceptions regarding estimations.

A thread 🧵1/n

#NoEstimates #ProEstimates
The first thing we need are some definitions. One major driver of confusion are the various interpretations of the words "estimate" and "estimation".

An estimate is "an approximate calculation or judgement of the value, number, quantity, or extent of something". 2/n
This definition does not mention *what* will be estimated and *how* these estimates will be used. And that's normally where the arguments start, since everyone is making different use of them.

I'll try to summarize the most common uses of *what* is estimated first. 3/n
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