What are estimations? How do you estimate?
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Estimations represent "Expectations of how a company will perform in the future".
Estimations arrive at their estimates and ratings by doing things like talking to company managements, a company’s customers and suppliers, evaluating relevant economic data, and using all of these things as the basis for making their forecasts.
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Answer / dheeraj shandilya
Estimation is a process of making estimate, i.e. what we can
achieve in what time and how.
Estimation can be done by
talking to peers, senior
evaluating previous records
reading relevent document from internet.
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Answer / nilanjan saha
Before planning for something , expect to happen in future
proper view or how much to allocate , what to allocate an
rough idea regarding those should be needed.This process is
known as estimation.
Proper estimation leads successful and effective
implementation of plans.
few metrics based tools are availble in market for
estimating in a good way. experienced based , stats datas
also help in this regard.
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