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A business case for risk-informed bridge monitoring using the value of information

A business case for risk-informed bridge monitoring using the value of information
Author(s): , ,
Presented at IABSE Congress: Structural Engineering for Future Societal Needs, Ghent, Belgium, 22-24 September 2021, published in , pp. 518-525
DOI: 10.2749/ghent.2021.0518
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While the benefits of monitoring bridges are fairly understood, securing the resources necessary for their development and installation is often difficult. The premise of the article is that infras...
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Bibliographic Details

Author(s): (Institute for Manufacturing, University of Cambridge, Cambridge, CB3 0FS, UK; Centre for Smart Infrastructure and Construction, University of Cambridge, CB3 0FA, UK)
(Institute for Manufacturing, University of Cambridge, Cambridge, CB3 0FS, UK; Centre for Smart Infrastructure and Construction, University of Cambridge, CB3 0FA, UK)
(Centre for Smart Infrastructure and Construction, University of Cambridge, CB3 0FA, UK)
Medium: conference paper
Language(s): English
Conference: IABSE Congress: Structural Engineering for Future Societal Needs, Ghent, Belgium, 22-24 September 2021
Published in:
Page(s): 518-525 Total no. of pages: 8
Page(s): 518-525
Total no. of pages: 8
DOI: 10.2749/ghent.2021.0518
Abstract:

While the benefits of monitoring bridges are fairly understood, securing the resources necessary for their development and installation is often difficult. The premise of the article is that infrastructure owners will take action to provide those resources when they can see value accruing to them; therefore narratives around value generation and business cases are required to motivate and support that action. This paper explores the application of the value of information methodology to the challenge of developing a business case for bridge monitoring using an illustrative case study on a simulacrum of a road bridge in the UK. To this end, this paper presents a systematic approach for setting risk-informed bridge monitoring strategies while considering the reliability and accuracy of data capture offered by different monitoring techniques and the gains to be made downstream if it contributes to setting timely maintenance strategies.

Keywords:
bridge life cycle costs structural health monitoring decision making asset management value of information condition monitoring
Copyright: © 2021 International Association for Bridge and Structural Engineering (IABSE)
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