What if developers are [cheating] giving you the unreasonably high estimates?

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That is seems to be the PMs nightmare – your developers are lying to you when they provide you the estimates. For the 1-hour task they give you 1-week estimation and spend the whole week watching youtube videos with cats. HAHAHAHA!!!

Are you already scared to death?

It also should be a rather common problem, as I often get such a question during the job interview. “Galina, what would you do if developer gives you the unrealistic estimations?”.  They ask me and wait for some one-for-all-cases answer. Probably they expect me to say something like “I will double check all the estimates myself/with the other developer”.  So I will be a kind of the PM auditor. And then they are definitely ready to ask – “And what if the other developer lies to you too”? Seems to be one global developer’s conspiracy. What one small PM can do against that?

My honest answer to all of that is: “I’ll resign ASAP, as I killed that team and should not do any more harm. Then I ‘ll walk outside the office and perform seppuku”.
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