Delphi Method
What is the Delphi Method?
The Delphi Method is a forecasting process and structured communication framework used by experts to make decisions and forecast outcomes. Developed in the 1950s, the Delphi Method allows for a panel of 5 to 10 experts in various locations to anonymously share their opinions on a complex topic. By utilizing questionnaires, the technique reduces complexity and reduces the number of potential forecasts. The final result is qualitative but relatively accurate information about future events. The Delphi Method is used to reduce uncertainty in decision making and planning processes, while allowing for informed opinions from multiple perspectives.
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