expert judgment
Expert judgment refers to the opinions and insights provided by individuals who have extensive knowledge and experience in a specific field. These experts use their skills to assess situations, make predictions, and offer recommendations based on their understanding of complex issues. Their insights are often sought in areas like medicine, engineering, and finance.
This type of judgment is valuable because it combines theoretical knowledge with practical experience. Experts analyze data, consider various factors, and apply their understanding to guide decision-making processes. Their assessments can help organizations and individuals navigate uncertainties and make informed choices.