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The phrase "approach of estimating" is correct and usable in written English.
It can be used when discussing methods or strategies for making estimates in various contexts, such as project management, finance, or research.
Example: "The approach of estimating costs accurately is crucial for the success of the project."
Alternatives: "method of estimation" or "strategy for estimating".
Exact(38)
Finally, the NIOSH/NCI estimation approach of estimating CO levels from HP and REC from CO implies that there is a relationship between HP and REC.
An approach of estimating measurement uncertainties from the validation data is given.
This paper proposes a novel approach of estimating the symmetrical component into a network.
The conventional approach of estimating actual evapotranspiration is difficult and needs more calculations and extensive data on soil-plant-atmosphere.
This paper describes a new approach of estimating the impact of voltage dips on aggregated customers and the correlation with several voltage dip parameters.
There seems to be no general consensus with regard to the approach of estimating joint probability distributions of metocean parameters and a general overview of recent studies exploring different joint models for metocean parameters is presented.
Similar(22)
This approach is referred to as estimation in WTP-space and can be contrasted to traditional approaches of estimating coefficients individually which is referred to as estimation in preference space [42].
Phase equilibrium calculations carried out with these two approaches of estimating kij values are compared to experimental data.
ML-mapping is much less conservative than other approaches of estimating Bayesian posterior probabilities.
In our second approach, instead of estimating the individual channel parameters, we obtain the equivalent, and parameters.
Given that the observed quantity demanded differs from the true (or latent) demand, the approach consists of estimating the observed demand and correcting for the bias.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com