wild ass guess


a wild -ss guess (wag) is an estimate that is based upon experience, similarity and ‘windage’ and does not have immediately verifiable data that could be used to substantiate the estimate.
management requests a rough order of magnitude (rom) cost estimate, and there isn’t time to do all of the necessary research, so you offer a wag (wild -ss guess) estimate scaled off of a previous project that you consider to have a similar complexity.

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