Wickramasinghe, Vajira; Dias, Priyan; Robert, Dilan; … - In: Built Environment Project and Asset Management 14 (2024) 6, pp. 858-873
Purpose Defining degradation in terms of physical deficiency-based condition descriptors, combined with Markov chain modelling, has been shown to provide improved predictions of degradation. However, unless these physical conditions are converted to lost value ratios (LVRs), maintenance managers...