Expected Value Makes Uncertainty Manageable

25/12/2025 12 min Temporada 6 Episodio 15
Expected Value Makes Uncertainty Manageable

Listen "Expected Value Makes Uncertainty Manageable"

Episode Synopsis

Ever face a late-stage design decision where your gut says “maybe,” finance says “no,” and the schedule says “hurry”? We unpack a simple way to make those calls with more clarity: using expected value to connect confidence, upside, and downside into one sober view of net benefit. No jargon, no spreadsheets required—just a clear framework that helps you see when a $50,000 test buys real certainty, and when the right move is to ship.Still, numbers don’t get the final say. The goal isn’t to pick the biggest EV; it’s to choose the most balanced, actionable, project-aligned option.If this approach helps you navigate the gray areas between risk and reward, follow the show, share it with a teammate, and leave a quick review so others can find it. Got a decision you’re wrestling with? Send it our way—we’ll feature it in a future breakdown.This blogpost: https://deeneyenterprises.com/qdd/podcast/expected-value-makes-uncertainty-manageable/Facing a really complicated and nuanced decision? Try this Method to Help with Complex Decisions (DMRCS)Ready to apply this to your project?→ Schedule a free discovery call: Dianna's calendarWant insights like this?→ Subscribe to my newsletter: qualityduringdesign.substack.comLearn the full framework:→ Get the Book: Pierce the Design Fog ABOUT DIANNADianna 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.