Value of information: A roadmap to quantifying the benefit of structural health monitoring

D. Straub, E. Chatzi, E. Bismut, W.M.G. Courage, M. Döhler, Michael H. Faber, J. Köhler, G. Lombaert, P. Omenzetter, M. Pozzi, Sebastian Thöns, Dimitri V. Val, H. Wenzel, D. Zonta

    Research output: Chapter in Book/Report/Conference proceedingArticle in proceedingsResearchpeer-review

    Abstract

    The concept of value of information (VoI) enables quantification of the benefits provided by structural health monitoring (SHM) systems – in principle. Its implementation is challenging, as it requires an explicit modelling of the structural system’s life cycle, in particular of the decisions that are taken based on the SHM information. In this paper, we approach the VoI analysis through an influence diagram (ID), which supports the modelling process. We provide a simple example for illustration and discuss challenges associated with real-life implementation.
    Original languageEnglish
    Title of host publicationSafety, Reliability, Risk, Resilience and Sustainability of Structures and Infrastructure : 12th Int. Conf. on Structural Safety and Reliability, Vienna, Austria, 6–10 August 2017
    Publication date2017
    Pages3018-3029
    ISBN (Electronic)978-3-903024-28-1
    Publication statusPublished - 2017
    Event12th International Conference on Structural Safety and Reliability - TU Wien, Vienna, Austria
    Duration: 6 Aug 201710 Aug 2017
    Conference number: 12

    Conference

    Conference12th International Conference on Structural Safety and Reliability
    Number12
    LocationTU Wien
    Country/TerritoryAustria
    CityVienna
    Period06/08/201710/08/2017

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