“…Mc Dulling (2006) utilised the Markovian model towards the development of transition probability for the prediction of service life in hospital buildings. Other sectors that have benefited are the railways and bridges (Wellalage et al , 2015; Karunarathna and Dwight, 2013; Morcous et al , 2003), the infrastructure asset management (Han et al , 2014; Kobayashi et al , 2012), hydraulic steel structures (Riveros and Arredondo, 2014), stochastic-based life cycle planning (Voskoglou, 2010; Costello et al , 2005; Zhang and Brani, 2005), offshore structures (Zhang et al , 2016) and mechanical systems (Fang et al , 2016).…”