“…The concept of identifying potential consequences and process outcomes due to abnormal events has been widely studied, usually using event tree analysis (API, 2008;Arunraj and Maiti, 2009;Hashemi et al, 2014a;Pariyani et al, 2012a;Rathnayaka et al, 2011). However, there has been less effort to consider the timedependent process deterioration in estimating the duration of loss scenarios.…”