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Ever find yourself stuck trying to gauge the likelihood of an event?
What if you could transform your approach to probability assignments with just one simple trick?
On this episode of Quality During Design, we talk about simplifying probabilities for better decision making. We uncover a method to assign probabilities and occurrence ratings during preliminary assessments.
We share a technique that involves breaking down an event into smaller, more manageable parts, helping you understand and analyze it better. This method makes it easier to assign likelihoods because it provides better understanding of the event, clearer context, and consideration of what may drive things to happen.
Then, we relate these parts to conditional probabilities. We offer example explanations and practical applications to help you grasp conditional probabilities.
Plus, for those looking for additional resources, we have a cheat sheet that can further simplify these concepts for you. Not a subscriber yet? Visit qualityduringdesign.com to sign up and start receiving valuable insights directly in your inbox.
Join us to learn how these techniques can simplify probabilities, improve your assessments, and boost your team's decision-making.
Visit the podcast blog for more.
JOIN ME ON SUBSTACK Subscribe today. Get themed Q&As, live chats, in-depth analysis, comprehensive guides, and access to my Strategy Vaults. Founding Member spots are open now.
PICK MY BRAIN Got a particular problem you’d like clarity on? Schedule a 60-minute virtual call with me - we’ll work through it together.
ENROLL IN MY COURSE FMEA in Practice: from Plan to Risk-Based Decision Making is enrolling now. Lifetime access, practical tools, and over 300 students already learning.
GET THE BOOK Pierce the Design Fog is your playbook for concept development to engineering design inputs.
VIEW MY OTHER SERVICES Visit my website to learn more.
ABOUT DIANNA
Dianna Deeney is a quality advocate for product development with over 25 years of experience in manufacturing. She is president of Deeney Enterprises, LLC, which helps organizations and people improve engineering design.
Ever find yourself stuck trying to gauge the likelihood of an event?
What if you could transform your approach to probability assignments with just one simple trick?
On this episode of Quality During Design, we talk about simplifying probabilities for better decision making. We uncover a method to assign probabilities and occurrence ratings during preliminary assessments.
We share a technique that involves breaking down an event into smaller, more manageable parts, helping you understand and analyze it better. This method makes it easier to assign likelihoods because it provides better understanding of the event, clearer context, and consideration of what may drive things to happen.
Then, we relate these parts to conditional probabilities. We offer example explanations and practical applications to help you grasp conditional probabilities.
Plus, for those looking for additional resources, we have a cheat sheet that can further simplify these concepts for you. Not a subscriber yet? Visit qualityduringdesign.com to sign up and start receiving valuable insights directly in your inbox.
Join us to learn how these techniques can simplify probabilities, improve your assessments, and boost your team's decision-making.
Visit the podcast blog for more.
JOIN ME ON SUBSTACK Subscribe today. Get themed Q&As, live chats, in-depth analysis, comprehensive guides, and access to my Strategy Vaults. Founding Member spots are open now.
PICK MY BRAIN Got a particular problem you’d like clarity on? Schedule a 60-minute virtual call with me - we’ll work through it together.
ENROLL IN MY COURSE FMEA in Practice: from Plan to Risk-Based Decision Making is enrolling now. Lifetime access, practical tools, and over 300 students already learning.
GET THE BOOK Pierce the Design Fog is your playbook for concept development to engineering design inputs.
VIEW MY OTHER SERVICES Visit my website to learn more.
ABOUT DIANNA
Dianna Deeney is a quality advocate for product development with over 25 years of experience in manufacturing. She is president of Deeney Enterprises, LLC, which helps organizations and people improve engineering design.
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