Non-classical states of light find applications in enhancing the performance of optical interferometric experiments, with notable example of gravitational wave-detectors. Still, the presence of decoherence hinders significantly the performance of qua
ntum-enhanced protocols. In this review, we summarize the developments of quantum metrology with particular focus on optical interferometry and derive fundamental bounds on achievable quantum-enhanced precision in optical interferometry taking into account the most relevant decoherence processes including: phase diffusion, losses and imperfect interferometric visibility. We introduce all the necessary tools of quantum optics as well as quantum estimation theory required to derive the bounds. We also discuss the practical attainability of the bounds derived and stress in particular that the techniques of quantum-enhanced interferometry which are being implemented in modern gravitational wave detectors are close to the optimal ones.
