April 2010
Intermediate to advanced
272 pages
5h 23m
English
What: |
Using group input to refine forecasts and estimates. |
When: |
Project planning, execution, and control. |
Results: |
Credible responses to questions requiring quantitative answers, even when supporting data is sparse. |
The Delphi technique draws on “group intelligence” and relies on the fact that although no one person may be able to provide reliable estimates confidently, the middle range of estimates drawn from a population of stakeholders is frequently a realistic predictor of numeric results. Delphi taps into undocumented history, often yielding very realistic estimates and forecasts. The collaborative process also builds motivation, ownership, buy-in, and teamwork.
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