“…Adopting a risk-based T and M strategy is an essential step toward evaluating the effects of maintenance activities (MAs) on risk measures at both the component level and the system level. In this context, the question of quantifying the effects of maintenance strategies on risk measures has been discussed repeatedly in the literature (Vesely and Rezos, 1995;Baraldi et al, 2011;Kumar et al, 2012;Veeramany, 2012;Joel and Kumar, 2014;Zio and Compare, 2013;Kumar and Joel, 2018). In this regard, both the positive and the negative aspects of MAs should be quantified (Vesely and Rezos, 1995), thereby optimizing the MAs to reduce the risks or increase the availability of safety systems.…”