The Hidden Costs of Software Estimates

What is the cost of your development team making an estimate? Is the cost simply the time it takes to make it (e.g. in planning poker)? Or, are there any second order costs as well? For your estimates, what are the side effects of the side effects?

Join Chris and Austin as they discuss what many organizations have paid for their estimates. After experience in being on teams that estimate and experience in being on teams that do not estimate, they discuss costs such as:

- 80/20 Rule * Cost of Delay
- Design Trade-offs
- Estimation Creation Time
- Parkinson's Law
- Cost of poor security and data protection

Video and show notes: https://youtu.be/ejm1_p0YsT4