What is the difference between using brainstorming and the Delphi Technique for risk identification? What are some of the advantages and disadvantages of each approach? Describe the contents of a risk register and how the register is used in several risk management processes.© BrainMass Inc. brainmass.com October 24, 2018, 10:37 pm ad1c9bdddf
* What is the difference between using brainstorming and the Delphi Technique for risk identification? What are some of the advantages and disadvantages of each approach?
The difference between using brainstorming and the Delphi Technique for risk identification is simple. The first risk management process is Risk Identification; the idea is that you want to figure out every possible risk that might affect a firm or project. Applying technique in Risk Identification is called Information Gathering and this is where brainstorming and the Delphi Technique comes in.
Project Risk Management states that, "Brainstorming refers to a technique to generate creative ideas. This may be done as an individual or in a group setting. Brainstorming "sessions" are most effective where the participants "defer judgment" about whether their responses to a problem statement are correct or good. It is often suggested that participants aim for quantity of ideas, and off-the-wall, crazy sounding ideas (i.e., lateral thinking) are encouraged.
Brainstorming is useful in original problem definition, and in generating a long list of possible impacts. However, because it is based on deferring judgment, brainstorming is clearly not an assessment technique - it is just a tool that can play a critical part of a large assessment project.
A typical topic for brainstorming in a technology assessment is :
Who might be impacted by electrical vehicle legislation?
Typical answers may include:
? automobile manufacturers
? residents of oil-producing states
In an ...
The difference between brainstorming and the Delphi Technique for risk identification is discussed.
Individual and Group Decision-Making
Describe and discuss the differences between individual and group decision-making. Support your arguments through examples or other sorts of evidence.View Full Posting Details