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Abstract
Expert judgement is used in a novel resource forecasting method to build models that forecast resource requirements. In this study, a collaborative decision-making process is deployed to ensure user acceptance in an empirical setting with limited legacy data for model validation. The Delphi method allowed facilitating this process and to achieve group consensus during estimate collection. With action research, Delphi parameters are adjusted in three concurrent case studies involving different expert groups. This study shows that Delphi is a useful and valid approach to provide acceptable degree validation for quantitative empirical expert models if only limited legacy data is available for model validation.
Original language | English |
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Title of host publication | Proceedings of the 16th International Conference on Group Decision & Negotiation |
Place of Publication | Washington |
Publication status | Published - 20 Jun 2016 |
Event | 16th Group Decision and Negotiation International Conference - Western Washington University, Bellingham, United States Duration: 20 Jun 2016 → 24 Jun 2016 https://www.informs.org/Community/GDN/GDN-Conferences |
Conference
Conference | 16th Group Decision and Negotiation International Conference |
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Abbreviated title | GDN2016 |
Country/Territory | United States |
City | Bellingham |
Period | 20/06/16 → 24/06/16 |
Internet address |
Keywords
- resource forecasting
- Delphi method
- expert judgement
- group concensus
- collaborative decision-making process
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- 1 Finished
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KTP - Alexander Dennis
Hird, A., Duffy, A. & Mendibil, K.
KTP Govt (TSB), Alexander Dennis Limited
12/05/14 → 11/05/16
Project: Research