A hasty response to a request for data or information, such as project time-frames or costs, that has the appearance of being relevant and well considered while in actuality being largely baseless and pulled from thin air.

Similar to a guesstimate but lacking any forthright element, pull-it-out-of-your-asstimates are typically a response to an unreasonable request or means of quickly escaping an otherwise long, drawn-out and pointless discussion.
Even though I haven't seen any of the requirements or initial design documents the boss wouldn't stop hassling me for a scope of work. I had to give him a pull-it-out-of-your-asstimate of 4 weeks to get him off my case so I could start figuring our what it's really going to take.
by mrkrypto June 28, 2011

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