What can organizations do to ensure estimates are good?

Organizations can ensure good estimates by implementing standardized estimation processes, utilizing historical data for reference, and involving cross-functional teams to gather diverse insights. Encouraging open communication and collaboration can help identify potential risks and uncertainties early in the estimation phase. Additionally, regularly reviewing and adjusting estimates based on feedback and performance can enhance accuracy over time. Finally, providing training on estimation techniques can equip team members with the necessary skills for better forecasting.