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Topic: Business
Number of pages / Number of words: 5 / 1132
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A mediator or coordinator provides the experts with the questions and tabulates the results. The results may then be returned to the experts for further analysis. This process may continue until a consensus is reached. The Delphi method is most useful for answering one specific question. There is less support for its use to determine complex forecasts concerning multiple factors (The Delphi Method, n...


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There is less support for its use to determine complex forecasts concerning multiple factors (The Delphi Method, n.d.). The Delphi method does away with the need for group meetings and reduces bias in the results because of the anonymity of the experts involved in the surveys. The main drawback of the Delphi method is the time needed to reach a final decision...


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