Delphi technique

Delphi technique
Collection of independent opinions without group discussion by the analysts providing the opinions; used for various sorts of evaluations (such as country risk assessment). Bloomberg Financial Dictionary

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Delphi technique Del‧phi tech‧nique [ˈdelfi tekˌniːk] noun [singular]
a method of asking specialist S (= people who know a lot about a particular subject ) to say if and when something might happen in the future. The average of their opinions is used to judge how likely something is to happen

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Delphi technique UK US noun [S] (also Delphi method) MANAGEMENT
► a method of collecting opinions about the future and judging how likely a future event or situation is. Experts answer a list of questions without discussing them with each other, look at each others' answers, and change them until a consensus is reached (= a situation where they all agree): »

The Delphi technique is a structured approach for reaching a consensus judgment among experts about future developments in any area that might affect a business.

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One advantage of the Delphi technique is that participants are not influenced by the dynamics of a group discussion, in which people meet face to face.


Financial and business terms. 2012.

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