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100110111145411dOr just don't estimate at all.
When someone asks me for an estimate, I'll tell them it's done when it's ready.
theuser525611dSure, those are some factors to consider if you have some time to prepare one. Most of my estimations happens on a whim, which means I have to give a very rough and conservative time frame based on how much is left, available dev resources, other dependencies, and some very obvious risk areas.