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Service companies project estimation paradox

Hi guys, My question is that when the client releases the requirements for the project, in our company we have to estimate and then give those estimates to the client, if they are happy, they give us a project else look for a different service provider. But how can I give 100% proper estimation when I have never worked on that project, currently there is a project where we have to upgrade Java version of the app, I don't know how many things will break once I do it and the Project manager wants me to estimate it. But I don't know how can I give an estimate to him, what if I give very few days and it turns out many things are breaking, the PM will blame me then for giving poor estimate. He is already trying to go aggressive on timeline so that our company can get the project. How do you folks in service based companies deal with these estimation related issues when you haven't worked on the project because the client will give us contract based on those estimation only. Does the contract become void if we are not able to deliver on those estimates, who takes the blame for these?

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Anise Lee

Freelancer

7 months ago

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Blair Nadeen

Freelancer

7 months ago

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Jordon Lee

Coforge

7 months ago

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