CAPM (Certified Associate in Project Management) Practice Exam

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Prepare for the CAPM Exam with challenging questions and comprehensive explanations. Utilize flashcards and multiple choice quizzes to enhance your project management knowledge. Ace your exam with confidence!

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What are the benefits of using the Delphi technique?

Reduces cost, increases speed
Enhances confidentiality, increases accuracy
Reduces bias, minimizes individual influence
Facilitates large group communication, simplifies complexity

The correct answer is: Reduces bias, minimizes individual influence

The Delphi technique is a group decision-making method that involves multiple rounds of anonymous feedback in order to achieve a consensus among a group of experts. Option A is incorrect because the Delphi technique does not necessarily reduce costs or increase speed. Option B is incorrect because confidentiality is not a key benefit of the Delphi technique, as the method relies on sharing and discussing multiple perspectives. Option D is incorrect because the Delphi technique does not necessarily facilitate large group communication, as it involves individual feedback rounds. The main benefit of using the Delphi technique is to reduce bias and minimize individual influence within the decision-making process, ensuring a more impartial and well-rounded decision.