4: Deterioration Modeling

Contributed by Donald Coffelt and Chris Hendrickson
Adjunct Professor (Civil and Environmental Engineering) at Carnegie Mellon University
Sourced from Donald Coffelt and Chris Hendrickson

4.1: Introduction
4.2: Simple Decision Making and Forecasting from Condition Assessment
4.3: Regression Models
4.4: Markov Deterioration Models
Markov deterioration models are used in numerous asset management software programs. Markov models can readily accommodate the use of condition indexes with integer values and deterioration estimation for discrete-time periods such as a year or a decade. As a result, Markov models can be combined with typical condition assessment techniques and budgeting processes.
4.5: Artificial Neural Network Deterioration Models
4.6: Failure Rates and Survival Probabilities
4.7: Fault Tree Analysis
4.8: Chapter 4 Excercises
4.9: Chapter 9 References