Marni's collection at men's fashion week

The video provides an overview of estimation, explaining its importance and basic concepts.

What is the primary purpose of estimation?

• To confuse the audience

• To replace calculations

• To give a rough idea of a value

• To provide exact values

In which scenario is estimation most useful?

• When precise data is available

• When time is not a constraint

• When quick decisions are needed

• When accuracy is critical

Which of the following is NOT a benefit of estimation?

• Saves time

• Increases accuracy

• Reduces complexity

• Facilitates decision-making

How does estimation help in project management?

• By providing exact timelines

• By offering a rough timeline

• By eliminating risks

• By ensuring project success

What is a key takeaway about estimation?

• It is always accurate

• It is a valuable tool for planning

• It should be avoided

• It is a waste of time