Extended Bow-Tie model for asset risk and reliability modeling: application to a passenger lift

A risk and reliability modelling framework for railway assets based on the Petri Net and the Bow-Tie models is proposed in this paper. A Petri Net model together with the Monte Carlo simulation is used to replicate the projected operational usage of the asset, inspection and maintenance policies and...

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Main Authors: Vileiniskis, Marius, Remenyte-Prescott, Rasa
Format: Conference or Workshop Item
Published: 2016
Online Access:https://eprints.nottingham.ac.uk/34547/
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author Vileiniskis, Marius
Remenyte-Prescott, Rasa
author_facet Vileiniskis, Marius
Remenyte-Prescott, Rasa
author_sort Vileiniskis, Marius
building Nottingham Research Data Repository
collection Online Access
description A risk and reliability modelling framework for railway assets based on the Petri Net and the Bow-Tie models is proposed in this paper. A Petri Net model together with the Monte Carlo simulation is used to replicate the projected operational usage of the asset, inspection and maintenance policies and degra-dation of the asset and to estimate the future condition of the asset over time. Statistics obtained from the Petri Net are used as inputs to the Bow-Tie model, which is then used to estimate the risk of a hazardous event. The paper reports on the proposed methodology and the results of a case study of an underground passenger lift. In particular, the likelihood and the consequences of a lift getting stuck in shaft between landings are calculated.
first_indexed 2025-11-14T19:23:12Z
format Conference or Workshop Item
id nottingham-34547
institution University of Nottingham Malaysia Campus
institution_category Local University
last_indexed 2025-11-14T19:23:12Z
publishDate 2016
recordtype eprints
repository_type Digital Repository
spelling nottingham-345472020-05-04T18:09:45Z https://eprints.nottingham.ac.uk/34547/ Extended Bow-Tie model for asset risk and reliability modeling: application to a passenger lift Vileiniskis, Marius Remenyte-Prescott, Rasa A risk and reliability modelling framework for railway assets based on the Petri Net and the Bow-Tie models is proposed in this paper. A Petri Net model together with the Monte Carlo simulation is used to replicate the projected operational usage of the asset, inspection and maintenance policies and degra-dation of the asset and to estimate the future condition of the asset over time. Statistics obtained from the Petri Net are used as inputs to the Bow-Tie model, which is then used to estimate the risk of a hazardous event. The paper reports on the proposed methodology and the results of a case study of an underground passenger lift. In particular, the likelihood and the consequences of a lift getting stuck in shaft between landings are calculated. 2016-09-26 Conference or Workshop Item PeerReviewed Vileiniskis, Marius and Remenyte-Prescott, Rasa (2016) Extended Bow-Tie model for asset risk and reliability modeling: application to a passenger lift. In: ESREL 2016, 25-29 Sept 2016, Glasgow, UK.
spellingShingle Vileiniskis, Marius
Remenyte-Prescott, Rasa
Extended Bow-Tie model for asset risk and reliability modeling: application to a passenger lift
title Extended Bow-Tie model for asset risk and reliability modeling: application to a passenger lift
title_full Extended Bow-Tie model for asset risk and reliability modeling: application to a passenger lift
title_fullStr Extended Bow-Tie model for asset risk and reliability modeling: application to a passenger lift
title_full_unstemmed Extended Bow-Tie model for asset risk and reliability modeling: application to a passenger lift
title_short Extended Bow-Tie model for asset risk and reliability modeling: application to a passenger lift
title_sort extended bow-tie model for asset risk and reliability modeling: application to a passenger lift
url https://eprints.nottingham.ac.uk/34547/