The video tutorial explains the process of estimating user stories in a planning meeting using the planning poker method. It begins with an introduction to story estimation, highlighting the use of story points. The planning poker method is then introduced, where team members use Fibonacci numbers to vote on story estimates. The process involves reading the story card, discussing necessary work, voting, and reaching a consensus. The tutorial outlines the steps involved, emphasizing the importance of team discussion and agreement on estimates.

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