“…Because of these uncertainties, it is imperative for structural engineers to accurately model and assess the structural performance and expected total cost within a probabilistic life-cycle context (Frangopol 2011).Furthermore, the effects of maintenance, repair, and rehabilitation on structural lifecycle performance must be quantified (Barone &Frangopol 2014b, Frangopol et al 2004, Sánchez-Silva et al 2016, Zhu & Frangopol 2012, 2013. Approaches for the life-cycle management of infrastructure systems involving reliability performance indicators consider uncertainties associated with loads and resistance, but are not able to account for the consequences incurred from structural failure.…”