My experience has shown that this is actually a much less stressful way to work. You're asking ppl to give estimates, with the caveat that there will be no pena

My experience has shown that this is actually a much less stressful way to work. You're asking ppl to give estimates, with the caveat that there will be no penalty for not hitting it. Because all overruns will be absorbed in the common pool of safety margin, the buffer. This removes all the politics from estimating - the grandstanding, the making others look bad, the not-so-subtle pressures, the over-inflating to avoid looking bad. Estimates become what they're supposed to be: just estimates. Also, notice that as hard as everyone says estimating is, they know EXACTLY when to start on that thing they're procrastinating on to finish it just before the deadline. Could it be this interesting phenomenon is a feature, not a bug?