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A 'ballpark' estimate is a euphemism that loosely translates to an estimate as big as a ballpark.

One way is to:

  • Collect a few parameters, so that you know the possible lowest number and the possible highest number.
  • Add variables that will affect the numbers one way or the other, then adjust the range: your low and high numbers can change.
  • Look at history, to see if there are patterns or estimates there.
  • Label your estimates as estimates, and document your logic in arriving at the number.
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15y ago

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Q: How do you make a ballpark estimate?
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