The Delphi method allows for the opinions of several experts to be taken into account, which increases the accuracy of forecasts. It also ensures confidentiality and avoids the error of experts agreeing with the majority opinion.
The Delphi method is more complex and time-consuming than SWOT analysis or brainstorming, but it produces more accurate results. It is especially useful for finding rare or complex problems that are difficult to predict using other methods.
Risk management in a project includes several options for latvia whatsapp phone number strategies: avoid, reduce, delegate or accept threats.
Avoidance. Sometimes problems can be avoided entirely. For example, if a key employee frequently misses deadlines, they can be fired and replaced by a more responsible team member.
There are situations that cannot be avoided. Let's say that currency fluctuations or tax rate increases are beyond our control. For such problems, we need to choose one of the following strategies.
Reduction . You can reduce the impact of some events. Let's go back to the example with the employee who misses deadlines. It is not necessary to fire him, you can simply control the deadlines for tasks. For example, assign a responsible person who will remind him of deadlines or set tasks with deadlines in the CRM system.
Transfer . Risks can be delegated if you cannot cope with them on your own. Let's say that due to staff turnover, the team regularly shifts deadlines, which displeases clients. If you cannot resolve this problem on your own, you can transfer it to professionals, i.e. hire an HR consultant.
Acceptance . There are events that cannot be influenced or transferred to someone else. You can put up with them, but only if they are not too critical. If they have a negative impact on the project, you need to figure out how to eliminate them using one of the listed methods.