Value of information: A roadmap to quantifying the benefit of structural health monitoring
Year: 2017
Type: conference-paper
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.
Source: HAL
Institutions: ETH Zurich, Institute of Structural Engineering, Netherlands Organisation for Applied Scientific Research, Aalborg University, Norwegian University of Science and Technology, KU Leuven, University of Aberdeen, Carnegie Mellon University, Technical University of Denmark, Vienna Consulting Engineers (Austria), University of Trento
Language: English
Subfield: Civil and Structural Engineering
Field: Engineering
Domain: Physical Sciences
Open Access status: green
OpenAlex ID: W2783153855