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estimate

/ˈestɪmt/  verb transtive         "to value, esteem," 

​to form an idea of the cost, size, value etc. of something, but without calculating it exactly

  • to estimate the cost/value/number of something
  • I estimated that three days would be enough for the user story.

estimate
 /ˈestɪmət/ noun countable, uncountable
​  a judgement that you make without having the exact details or figures about the size, amount, cost, etc. of something

  • to provide/obtain an estimate
  • My estimate is three weeks.

underestimate verb
 /ˌʌndərˈestɪmt/ transitive
​to think or guess that the amount, cost or size of something is smaller than it really is

  •  to underestimate the cost of the project
  • My supervisor told me I underestimated how long the user story would take.

underestimate noun
 /ˌʌndərˈestɪmət/
(also underestimation  /ˌʌndərˌestɪˈmeɪʃn/ [countable, uncountable])
​an estimate about the size, cost, etc. of something that is too low

  • My guess of 400 proved to be a serious underestimate.
  • I admitted that 3 days was a serious underestimate.

overestimate

verb

I didn't overestimate the time the user story would cost.

overestimate

noun (also overestimation)

I pretended three weeks was an overestimate.

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