Estimation is a foundational element of product management that often exists in a paradoxical state — simultaneously considered both an art and a science.
Artificial intelligence (AI) can augment human judgment in estimation by analyzing patterns across projects and providing consistent learning.
Implementing AI-assisted estimation requires a structured approach, starting with the early-stage Simple Wild Approximation Guess (SWAG) and standardizing the process through templates.
The ideal approach combines AI capabilities with human judgment, leading to more accurate and defensible estimates.