The Delphi technique is a quick and economical way to estimate the duration and costs of project activities.

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The Delphi technique is a structured communication technique, originally developed as a systematic, interactive forecasting method which relies on a panel of experts. It is not specifically designed to be quick or economical, but rather to gain consensus on opinions or estimates from a panel of experts through rounds of questioning and feedback.

The Delphi Technique Is a Quick and Economical Way to Estimate