What is the Delphi technique used for?

The Delphi technique is a structured method primarily used for gathering expert opinions and achieving a consensus through several rounds of questionnaires or surveys. This process typically involves a group of experts who respond to questions individually and anonymously. After each round, the responses are summarized, and the experts are given the opportunity to reconsider their positions based on the feedback and the prevailing opinions of the group. This iterative process continues until a consensus is reached or the responses converge.

This technique is particularly valuable in situations where direct group interaction may hinder the sharing of honest opinions or where complex issues require informed deliberation. It is commonly utilized in forecasting, decision-making, and policy analysis, making it an effective tool for organizations seeking expert insights on complex topics.

The other options, while relevant to various management functions, do not accurately describe the Delphi technique. For example, developing budgets involves financial planning methods, training pertains to human resource development, and employee performance evaluation typically uses metrics and performance appraisals. These processes are distinct and do not utilize the iterative consensus-building characteristic that defines the Delphi technique.