“…We illustrate the use of the framework with multiple variants of deterioration models. can be adapted when there is insufficient data, both with expert knowledge (Frangopol et al, 2004, Zhang andMarsh, 2018), or by learning from similar groups (Memarzadeh et al, 2016, Zhang andMarsh, 2018). In the work of Zhang and Marsh (2018), six generic BN models for asset deterioration were developed, which both provides us the possibility of adopt different deterioration models, but also enables us to include alternative data and unused expert knowledge.…”