Group decision technique: Delphi vs Nominal
Group Decision (www.assignmentpoint.com) There are many group decision techniques; each has its benefits and is to be used under a set of circumstances to yield the best result. The Delphi technique is often used for developing a forecast of future events and technology trends, lifestyles, legislation, and regulations (Steward et al., 2007). The problems addressed often have little or no data and no mathematical algorithms to forecast the future accurately. And it is even more challenging to predict their impacts. This technique requires a group of experts with similar interests to provide independent forecasts. A level of confidence accompanies these forecasts. Choosing the right group of experts plays a critical role in this technique. The Delphi technique requires a facilitator who can elicit the individual members' questions and feedback (Salkind, 2007). The top answers are selected, summarized, and sent back to...
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