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

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.
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https://hal.inria.fr/hal-01577257
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Submitted on : Friday, August 25, 2017 - 11:13:51 AM
Last modification on : Tuesday, February 23, 2021 - 7:24:06 PM

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Daniel Straub, Eleni Chatzi, Elizabeth Bismut, Wim Courage, Michael Döhler, et al.. Value of information: A roadmap to quantifying the benefit of structural health monitoring. ICOSSAR - 12th International Conference on Structural Safety & Reliability, Aug 2017, Vienna, Austria. ⟨hal-01577257⟩

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