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Main Author: Sheppard, John W.
Format: Preprint
Published: 2025
Subjects:
Online Access:https://arxiv.org/abs/2508.11031
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author Sheppard, John W.
author_facet Sheppard, John W.
contents It is often the case that risk assessment and prognostics are viewed as related but separate tasks. This chapter describes a risk-based approach to prognostics that seeks to provide a tighter coupling between risk assessment and fault prediction. We show how this can be achieved using the continuous-time Bayesian network as the underlying modeling framework. Furthermore, we provide an overview of the techniques that are available to derive these models from data and show how they might be used in practice to achieve tasks like decision support and performance-based logistics. This work is intended to provide an overview of the recent developments related to risk-based prognostics, and we hope that it will serve as a tutorial of sorts that will assist others in adopting these techniques.
format Preprint
id arxiv_https___arxiv_org_abs_2508_11031
institution arXiv
publishDate 2025
record_format arxiv
spellingShingle Risk-Based Prognostics and Health Management
Sheppard, John W.
Systems and Control
Artificial Intelligence
Applications
It is often the case that risk assessment and prognostics are viewed as related but separate tasks. This chapter describes a risk-based approach to prognostics that seeks to provide a tighter coupling between risk assessment and fault prediction. We show how this can be achieved using the continuous-time Bayesian network as the underlying modeling framework. Furthermore, we provide an overview of the techniques that are available to derive these models from data and show how they might be used in practice to achieve tasks like decision support and performance-based logistics. This work is intended to provide an overview of the recent developments related to risk-based prognostics, and we hope that it will serve as a tutorial of sorts that will assist others in adopting these techniques.
title Risk-Based Prognostics and Health Management
topic Systems and Control
Artificial Intelligence
Applications
url https://arxiv.org/abs/2508.11031