what is Delphi cost estimation?
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Delphi estimation is carried out by a team comprising of a group of experts and a coordinator. In this approach, the coordinator provides each estimator with a copy of the software requirements specification (SRS) document and a form for recording his cost estimate. ... Based on this summary, the estimators re-estimate.
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The Delphi method is an interactive forecasting technique carried out by a group of experts. During a series of meetings, each member of the expert panel provides their cost forecasts in the questionnaire format. The answers are then analyzed and anonymously announced to others by a facilitator.
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