<P> Delphi is based on the principle that forecasts ( or decisions ) from a structured group of individuals are more accurate than those from unstructured groups . The technique can also be adapted for use in face - to - face meetings , and is then called mini-Delphi or Estimate - Talk - Estimate ( ETE ) . Delphi has been widely used for business forecasting and has certain advantages over another structured forecasting approach , prediction markets . </P>
<P> Delphi is based on the principle that forecasts ( or decisions ) from a structured group of individuals are more accurate than those from unstructured groups . The technique can also be adapted for use in face - to - face meetings , and is then called mini-Delphi or Estimate - Talk - Estimate ( ETE ) . Delphi has been widely used for business forecasting and has certain advantages over another structured forecasting approach , prediction markets . </P>
the delphi method of forecasting is useful ​ when
the delphi method of forecasting is useful ​ when
business forecasting
business forecasting