Value of structural health information in partially observable stochastic environments
C.P. Andriotis, K.G. Papakonstantinou, E.N. Chatzi

TL;DR
This paper develops theoretical and computational methods to quantify the value of structural health information in decision-making for deteriorating systems modeled as POMDPs, improving long-term safety and cost efficiency.
Contribution
It introduces and analyzes VoI and VoSHM metrics within POMDP frameworks, linking them to optimal policies and providing computational solutions for complex deteriorating environments.
Findings
POMDP policies inherently utilize VoI for optimal observational decisions
SHM and inspection information improve long-term policy costs
Point-based value iteration effectively solves POMDPs in structural health management
Abstract
Efficient integration of uncertain observations with decision-making optimization is key for prescribing informed intervention actions, able to preserve structural safety of deteriorating engineering systems. To this end, it is necessary that scheduling of inspection and monitoring strategies be objectively performed on the basis of their expected value-based gains that, among others, reflect quantitative metrics such as the Value of Information (VoI) and the Value of Structural Health Monitoring (VoSHM). In this work, we introduce and study the theoretical and computational foundations of the above metrics within the context of Partially Observable Markov Decision Processes (POMDPs), thus alluding to a broad class of decision-making problems of partially observable stochastic deteriorating environments that can be modeled as POMDPs. Step-wise and life-cycle VoI and VoSHM definitions…
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Taxonomy
TopicsProbabilistic and Robust Engineering Design · Reliability and Maintenance Optimization · Infrastructure Maintenance and Monitoring
