CAPM (Certified Associate in Project Management) Practice Exam

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How is the Delphi technique described?

A statistical, historical analysis method
An iterative consensus method among experts
A computer-based simulation technique
An interview-based feedback mechanism

The correct answer is: An iterative consensus method among experts

The Delphi technique is described as an iterative consensus method among experts. This method involves obtaining input from a group of experts through a series of questionnaires or rounds of discussions, with the goal of achieving a convergence of opinion or consensus on a particular topic or issue. The process continues until a general agreement is reached among the experts. This approach helps to gather and synthesize diverse perspectives effectively. The other options are not correct: A. A statistical, historical analysis method - This does not accurately describe the Delphi technique, which focuses on expert consensus rather than statistical analysis. C. A computer-based simulation technique - The Delphi technique does not involve computer-based simulation; it relies on human expert input and iterative discussions. D. An interview-based feedback mechanism - While the Delphi technique involves gathering feedback from experts, it is not solely based on interviews and typically includes multiple rounds of structured communication beyond traditional interviews.