Coaching practices for Estimation Accuracy Tracking

Describe almost anything you are working through and IX Coach finds the practices whose real-world fit is closest. For Estimation Accuracy Tracking, these are the strongest matches in the current practice library.

Does this sound like the set of challenges you might be facing?

  • My guesses never seem to get any better because I make them, find out the real answer, and then just move on
  • I’m late on something, I shrug, update the calendar, and immediately forget I ever thought it’d take half as long
  • I’m sure about things constantly and I have no idea if that confidence is earned
  • I make calls about how things will go all the time, but I never write them down or check them after
  • I call myself good at reading how things will go in my field, but when I’m honest I only ever remember the calls I got right

Practices that may help

  1. Track your estimates and calibrate
    Compare your Fermi estimates to actual figures when you can, and use the gap to improve future estimates.
    Fermi Estimation
  2. Log actual vs. estimated time for every task
    Build a personal database of your own estimation errors so you can calibrate future predictions.
    The Planning Fallacy — Why Your Estimates Are Always Wrong
  3. Practice probabilistic calibration by tracking your predictions
    Assign explicit probability estimates to your predictions and track whether they come true at the right rate.
    Base-Rate Neglect: Why We Ignore the Odds
  4. Score your own past predictions to calibrate your outside-view use
    Keep a forecast log and score it — you cannot improve calibration without feedback on where you were over- or under-confident.
    The Outside View
  5. Track the accuracy of your domain predictions
    Keep a record of what you predicted in your area of claimed expertise and score it.
    The Dunning-Kruger Effect, Understood Clearly
  6. Practice confidence interval estimation
    Estimate ranges for factual quantities and check how often the true value falls within your range.
    Calibration Training
  7. Practice probability calibration
    Regularly make probabilistic predictions and track your accuracy across many of them.
    Hindsight Bias: Why Everything Seems Obvious in Retrospect
  8. Maintain a scored prediction log
    Record predictions with explicit probabilities and score them when they resolve.
    Calibration Training
  9. Keep a decision journal to score your EV estimates
    Log your probability estimates and payoff predictions, then compare them to what happened.
    Expected Value Thinking: Deciding Under Uncertainty
  10. Anchor on the base rate before adding inside-view details
    Start your forecast from the class median, then adjust — do not start from your narrative and adjust to the base rate.
    Reference Class Forecasting

Related concerns

Describe your situation in your own words to search the complete practice library.

Practice this with IX Coach

Try this practice