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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