Question
Download Solution PDFWhat is the main characteristics of Delphi Technique for group decision making?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFKey Points
- The Delphi method is a framework for predicting based on the findings of numerous rounds of questionnaires distributed to a panel of experts.
- Following each round of questions, the experts are given an aggregated summary of the previous round, allowing each expert to change their responses based on the collective response.
- This method combines the advantages of expert analysis with elements of crowd wisdom.
Additional Information The Delphi technique generally has three characteristics that make it distinct from other group interaction methods:
- anonymous group interactions and responses,
- multiple rounds of questioning, and
- the provision of feedback to the group between each round
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