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The Inaccurate Conception : Some thoughts on the accuracy of estimates

The pursuit of an “accurate estimate” for a system development project is an article of faith among project planners and managers. Methods, tools, approaches, and formulae to devise the accurate estimate are the subject of articles, conference presentations, and books. The fact that the juxtaposition of the words “accurate” and “estimate” produces an oxymoron does not seem to deter people from the quest for what is clearly a contradiction in terms. Are we looking for the wrong estimation criterion?