In this episode of "Business Analysis Simplified," Emily and Michael unravel the importance of the Estimation technique in Planning and Monitoring. Using the engaging example of a treasure hunt, Michael explains how estimation helps predict the time, effort, and resources needed for success.

Learn how time estimation guides decision-making, effort estimation allocates tasks effectively, and resource estimation ensures preparedness. Michael also introduces progressive elaboration, showing how estimates evolve as more information becomes available.

Whether you're planning an adventure or managing a business project, this episode highlights how estimation sets the foundation for realistic goals and effective execution. Tune in for practical insights and relatable storytelling!