To revise an estimate
Example: They revise an estimate after feedback
Definition
"To revise an estimate" means to review and alter a previously made calculation or judgment about the value, number, or cost of something, often based on new information or feedback, to improve its accuracy or relevance.
Etymology
The phrase "to revise an estimate" combines 'revise,' which comes from the Latin 'revidēre,' meaning 'to see again,' and 'estimate,' derived from the Latin 'aestimatus,' meaning 'valued' or 'assessed.' Together, they express the action of re-evaluating a prior judgment or calculation.
