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A comment on Traits of good remote leaders. Parent comment

Re:Traits of good remote leaders by srtjstjsj on Thursday September 10, 2020 @02:30PM (#24435161)
Why add 20%? That's upside precision for something so inaccurate. 2.2x is a good way to set a budget for someone doing a task after it's already been done once by someone else.

The golden rule of estimating is to measure past estimates and use them as a multiplier in future.

The platinum rule is to stop estimating because it's useless.

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Re:Traits of good remote leaders by Heyso on Thursday September 17, 2020 @05:28AM (#24502656)
Double it, then add 20% make a 2.4 modifier.

  20*2*1.2 = 48  
  20*2.2 = 44 // I, also, was confused myself at this point  
  2 *1.2 = 2.4 // not 2.2
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Re:Traits of good remote leaders by bfuclusion on Thursday September 10, 2020 @05:53PM (#24436928)
Right. Estimating before you even know what you _don't_ know is tea leaf reading. It's better to ask the person who wants it done "how much is this worth to you", or "what's my budget to get this done", and then work from there.
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