SHM ... just value it
The main objective of the Action has been to facilitate sustainable societal developments through improvements of resource efficiency, productivity, robustness, reliability and safety in the design and assets management for structures and infrastructure systems by optimised Structural Health Monitoring (SHM) systems.
The COST Action TU1402 has been active from 2014 to 2019 and a joint effort of 29 European Countries, China, USA and Australia with participants from academia, industry and infrastructure owners, operator and authorities.
The COST Action TU1402 on Quantifying the Value of Structural Health Monitoring (SHM) has – in the perspective of sustainable societal developments - provided:
- The scientific evidence of a high value of SHM and its boundary conditions,
- An industrial and societal impact for the infrastructure design and management,
- Accessibility to the scientific field for quantifying the value of SHM.
The evidence and impact of a targeted and optimal utilization of SHM - provided by the quantification of its value - constitutes a significant (a) risk reduction by robustness, reliability and safety enhancement (societal value) and (b) expected operational expenditure reduction (industrial value) for the infrastructure system design, operation and asset management of up to 90%. This high value of SHM is subjected to the relevance and optimization (before implementation) of SHM strategies as part of an infrastructure system design, operation and management decision scenario.
TU1402 in Wikipedia
See the Wikipedia page on the “Value of structural health information”.
Special Issues
There are TU1402 Special Journal Issues planned. See here.
Easy VoI
How to explain a value of information analysis? See the poster "Easy VoI: Decision Tree" and "Easy VoI: Ingredients".