TECHNICAL PAPERS
Jun 1, 2005

Comparing Probabilistic Methods for the Asset Management of Distributed Items

Publication: Journal of Infrastructure Systems
Volume 11, Issue 2

Abstract

Markov models have met with widespread success when used to determine asset management strategies for infrastructure systems such as pavements, bridges, and electricity and water networks. However other probabilistic models could be chosen. This paper compares the performance of the Markov model with two of these, the semi-Markov model and the delay time model. Both these models let the transition probabilities between states depend on the time already spent in the state. This is an attractive feature as many degradation situations have it. The three models are compared on two data sets derived from measurements carried out on 11 kV transformers and switchgear. As full condition histories are required to know how the predicted costs of a proposed asset management policy compare with the actual costs that would be obtained in practice, a method for simulating these condition histories was developed. All the models performed well, but the semi-Markov model was generally significantly better. Particularly noteworthy was the fact that this was true even when there were a limited number of observations.

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Acknowledgments

This work was carried out in collaboration with the EA Technology Strategic Technology Programme (STP). The writers would like to thank EA Technology and the companies participating in module 4 of the STP for permission to publish this work. M.B. was supported by EPSRC Grant No. GR/N11575. This paper has been considerably improved by the comments received from the referees.

References

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Go to Journal of Infrastructure Systems
Journal of Infrastructure Systems
Volume 11Issue 2June 2005
Pages: 102 - 109

History

Received: Aug 5, 2003
Accepted: Jul 12, 2004
Published online: Jun 1, 2005
Published in print: Jun 2005

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Authors

Affiliations

Postdoctoral Research Associate, Dept. of Electrical Engineering and Electronics, The Manchester Centre for Electrical Energy, UMIST, P.O. Box 88, Manchester M60 1QD, U.K. E-mail: [email protected]
A. T. Brint [email protected]
Lecturer, Centre for Operational Research and Applied Statistics, Univ. of Salford, Greater Manchester M5 4WT, U.K. E-mail: [email protected]
J. R. Brailsford [email protected]
Senior Research Scientist, EA Technology, Capenhurst, Chester CH1 6ES, U.K. E-mail: [email protected]

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