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An expert panel is a method in which a selected group of experts or stakeholders evaluates a topic, problem, or set of ideas. The aim is to gain an objective assessment and develop new approaches to solutions by drawing on targeted expertise and diverse perspectives. The method is highly flexible and enhances the quality of decision-making through structured feedback.
The expert panel is based on collaboration among a selected group of professionals who contribute their expertise to evaluate and refine ideas or solutions. Experts are typically individuals with formal qualifications and often academic training, but in a broader sense, the term also includes anyone with in-depth knowledge of a particular issue – such as stakeholders or those directly affected. The purpose of this method is to obtain a more precise evaluation of an idea. Additional insights can also be incorporated to inform and strengthen the solution. A facilitator may guide the participants through the evaluation process. This method can be applied at various stages of a project – during idea generation, concept selection, or the final assessment of proposed solutions.
http://betterevaluation.org/evaluation-options/expert_panel