This paper systematically examines the sources of uncertainty in cavitating waterjet test setups and provides illustrative case studies to conduct thorough uncertainty analyses for erosion tests using cavitating waterjet method. Within this study, utilizing examples of uncertainty analysis presented by the International Towing Tank Conference (ITTC) for various testing techniques, a novel uncertainty analysis implementation suitable for cavitating waterjet tests has been conducted. Firstly, cavitation erosion experiments were carried out on samples aluminum (Al 6063) material under cavitation number conditions (σ = 0.02 to σ = 0.033 range) as part of the validation study. Subsequently, within the scope of uncertainty analysis calculations, five erosion tests were conducted for each of the two different cavitation numbers (σ = 0.03 and σ = 0.05). The study aims to examine the bias and precision uncertainty components separately for the test results of erosion rate and establish a reliable and repeatable procedure for predicting the uncertainty level of cavitating waterjet tests. For the first time in the literature, the uncertainty components of cavitating waterjet tests were investigated in detail and the uncertainty level in cavitating waterjet tests, including bias and precision errors, was predicted in accordance with specific ITTC guidelines and procedures. Based on the results, the primary bias error source was identified as the pressure inside the cavitation chamber, with the nozzle pressure being the second most significant bias error source. Consequently, it is recommended to perform the bias error prediction based on the ratio of these two, known as the cavitation number. Precision error, crucial for uncertainty, was estimated using five sets of erosion rate values, emphasizing its importance in cavitating waterjet tests. It is anticipated that the suggested methodology will serve as a benchmark for predicting uncertainty levels in cavitating waterjet tests.