2017
DOI: 10.1111/mice.12332
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On the Value of Monitoring Information for the Structural Integrity and Risk Management

Abstract: This article introduces an approach and framework for the quantification of the value of structural health monitoring (SHM) in the context of the structural risk and integrity management for systems. The quantification of the value of SHM builds upon the Bayesian decision and utility theory, which facilitates the assessment of the value of information associated with SHM. The principal approach for the quantification of the value of SHM is formulated by modeling the fundamental decision of performing SHM or no… Show more

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Cited by 114 publications
(91 citation statements)
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References 39 publications
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“…Related studies on prioritizations of inspection, and MRR activities of municipal assets can be found in, for example, Bagloee, Sarvi, Patriksson, and Asadi (), Bailey et al. (), Breysse, Vasconcelos, and Schoefs (), Fenner (), Kerwin and Adey (), Memarzadeh and Pozzi (), Tagherouit, Bennis, and Bengassem (), New England Interstate Water Pollution Control Commission (), and Thöns ().…”
Section: Resultsmentioning
confidence: 99%
“…Related studies on prioritizations of inspection, and MRR activities of municipal assets can be found in, for example, Bagloee, Sarvi, Patriksson, and Asadi (), Bailey et al. (), Breysse, Vasconcelos, and Schoefs (), Fenner (), Kerwin and Adey (), Memarzadeh and Pozzi (), Tagherouit, Bennis, and Bengassem (), New England Interstate Water Pollution Control Commission (), and Thöns ().…”
Section: Resultsmentioning
confidence: 99%
“…Future research steps in the context of this specific application include the consideration of other subsystems within the expert system model, such as signaling, electrification, switchings and crossings, etc. Building on this work, one desirable future research direction to enhance PPNs as self‐adaptive expert systems for complex civil infrastructures is to explore PPN architectures that allow the modelng of foreseen intervention scenarios. Also, an additional challenge would be how to incorporate massive and heterogenous data (Thaduri, Galar, & Kumar, ; Thöns, ) from infrastructure monitoring within the PPN methodology.…”
Section: Resultsmentioning
confidence: 99%
“…• Building on this work, one desirable future research direction to enhance PPNs as self-adaptive expert systems for complex civil infrastructures is to explore PPN architectures that allow the modelng of foreseen intervention scenarios. Also, an additional challenge would be how to incorporate massive and heterogenous data (Thaduri, Galar, & Kumar, 2015;Thöns, 2018) from infrastructure monitoring within the PPN methodology.…”
Section: Resultsmentioning
confidence: 99%
“…The theory of value of information (VoI) is part of the Bayesian decision theory developed by Raiffa and Schlaifer An example of a comprehensive study of the quantification of the value of structural health monitoring (SHM) information for the structural risk and integrity management is given by Thöns In order to obtain the VoI in the context of civil engineered structures with preposterior information, the expected value of sample information (eg, from SHM or proof load testing) VI,apr is quantified as the difference between life cycle benefit Bpp* as determined by preposterior decision analysis and life cycle benefit Bpr* according to a scenario without SHM utilization or proof load testing based on prior models. a pr represents the action alternatives that are possible with prior information; thus, a pr are all action options allowed in the value of information analysis.…”
Section: Value Of Information Approach and Extensionmentioning
confidence: 99%