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Sagot :
The problem with using a panel consensus is that senior management may frighten lower-level employees. This statement is true.
Panel consensus is a qualitative forecasting method that gathers all of an organization's internal specialists for a free-wheeling discussion on a good or service. The meeting will end when a consensus is reached, and anyone may participate. Ex post facto validation of the forecast's accuracy using actual sales data.
Other names for it include expert aggregation, ensemble averaging, model averaging, forecasting averaging, and forecasting averaging. Because only professionals from within the company are involved, this strategy varies from Delphi or market research. A panel consensus procedure can be used on a regular basis for a group of precisely defined variables. The forecast serves as a risk gauge or predictor of "less likely" events.
To learn more about panel consensus here
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