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  2. Delphi method - Wikipedia

    en.wikipedia.org/wiki/Delphi_method

    The following key characteristics of the Delphi method help the participants to focus on the issues at hand and separate Delphi from other methodologies: in this technique a panel of experts is drawn from both inside and outside the organisation. The panel consists of experts having knowledge of the area requiring decision making.

  3. Futures techniques - Wikipedia

    en.wikipedia.org/wiki/Futures_techniques

    The Delphi method is a popular technique used in futurology. It was developed by Gordon and Helmer in 1953 at RAND. It can be defined as a method for structuring a group communication process, so that the process is effective in allowing a group of individuals, as a whole, to deal with a complex problem. [1]

  4. Wideband delphi - Wikipedia

    en.wikipedia.org/wiki/Wideband_delphi

    The Wideband Delphi estimation method is a consensus-based technique for estimating effort. [1] It derives from the Delphi method which was developed in the 1950-1960s at the RAND Corporation as a forecasting tool. It has since been adapted across many industries to estimate many kinds of tasks, ranging from statistical data collection results ...

  5. Decision-making - Wikipedia

    en.wikipedia.org/wiki/Decision-making

    Sample flowchart representing a decision process when confronted with a lamp that fails to light. In psychology, decision-making (also spelled decision making and decisionmaking) is regarded as the cognitive process resulting in the selection of a belief or a course of action among several possible alternative options.

  6. Estimation (project management) - Wikipedia

    en.wikipedia.org/wiki/Estimation_(project...

    Many processes have been developed to aid engineers in making accurate estimates, such as Analogy based estimation; Compartmentalization (i.e., breakdown of tasks) Cost estimate; Delphi method; Documenting estimation results; Educated assumptions; Estimating each task; Examining historical data; Identifying dependencies; Parametric estimating ...

  7. Nominal group technique - Wikipedia

    en.wikipedia.org/wiki/Nominal_group_technique

    The nominal group technique (NGT) is a group process involving problem identification, solution generation, and decision-making. [1] It can be used in groups of many sizes, who want to make their decision quickly, as by a vote, but want everyone's opinions taken into account (as opposed to traditional voting, where only the largest group is considered). [2]

  8. Real-time Delphi - Wikipedia

    en.wikipedia.org/wiki/Real-time_Delphi

    Real-time Delphi (RTD) is an advanced form of the Delphi method. The advanced method "is a consultative process that uses computer technology " [ 1 ] to increase efficiency of the Delphi process. Definition and idea

  9. Multiple-criteria decision analysis - Wikipedia

    en.wikipedia.org/wiki/Multiple-criteria_decision...

    In this example a company should prefer product B's risk and payoffs under realistic risk preference coefficients. Multiple-criteria decision-making (MCDM) or multiple-criteria decision analysis (MCDA) is a sub-discipline of operations research that explicitly evaluates multiple conflicting criteria in decision making (both in daily life and in settings such as business, government and medicine).