2. DELPHI METHOD
• A SYSTEMATIC FORECASTING METHOD THAT
INVOLVES STRUCTURED INTERACTION AMONG
A GROUP OF EXPERTS ON A SUBJECT.
i. AN ORGANIZED METHOD FOR COLLECTING
VIEWS AND INFORMATION PERTAINING TO A
SPECIFIC AREA.
ii. GATHERING A GROUP OF EXPERTS TO
FORECAST EVENTS AND ASSESS COMPLEX
ISSUES.
3. HOW TO USE IT
DEFINE THE
PROBLEM
GIVE EVERYONE THE
PROBLEM
COLLATE THE
RESPONCES
GIVE EVERYONE
THE
COLLECTION
REPEAT AS
NECESSARY
6. ADVANTAGES AND DISADVATAGES
• ADVANTAGE :-
i. LIMITED TIME REQUIRED FOR RESPONDENTS TO COMPLETE
SURVEYS.
ii. STRUCTURED/ORGANIZED GROUP COMMUNICATION PROCESS.
iii. COST EFFECTIVE AND FLEXIBLE/ADAPTABLE, FAST, VERSATILE.
DISADVANTAGE :-
i. REQUIRES TIME/PARTICIPANT COMMITMENT.
ii. TIME DELAYS BETWEEN ROUNDS IN DATA COLLECTION PROCESS.
iii. REQUIRES SKILL IN WRITTEN COMMUNICATION.