Simplifying Probabilities for Better Decision Making
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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.

Give us a Rating & Review)NEW COURSEFMEA in Practice: from Plan to Risk-Based Decision Making is enrolling students now. Visit the course page for more information and to sign up today! Click Here) FREE RESOURCESQuality during Design engineering and new product development is actionable. It's also a mindset. Subscribe for consistency, inspiration, and ideas at www.qualityduringdesign.com).**About me**Dianna Deeney helps product designers work with their cross-functional team to reduce concept design time and increase product success, using quality and reliability methods. She consults with businesses to incorporate quality within their product development processes. She also coaches individuals in using Quality during Design for their projects.She founded *Quality during Design *through her company Deeney Enterprises, LLC. Her vision is a world of products that are easy to use, dependable, and safe – possible by using *Quality during Design *engineering and product development.