Abstract: A system and method of managing a network with assets are described. The method includes generating a directed graph with each of the assets represented as a node, determining individual failure probability of each node, computing downstream failure probability of each node according to an arrangement of the nodes in the directed graph, computing upstream failure probability of each node according to the arrangement of the nodes in directed graph, and computing network failure probability for each node based on the corresponding individual failure probability, the downstream failure probability, and the upstream failure probability. Managing the network is based on the network failure probability of the assets.

Abstract: A system and method of managing a network with assets are described. The method includes generating a directed graph with each of the assets represented as a node, determining individual failure probability of each node, computing downstream failure probability of each node according to an arrangement of the nodes in the directed graph, computing upstream failure probability of each node according to the arrangement of the nodes in directed graph, and computing network failure probability for each node based on the corresponding individual failure probability, the downstream failure probability, and the upstream failure probability. Managing the network is based on the network failure probability of the assets.

Abstract: A system and method of managing a network with assets are described. The method includes generating a directed graph with each of the assets represented as a node, determining individual failure probability of each node, computing downstream failure probability of each node according to an arrangement of the nodes in the directed graph, computing upstream failure probability of each node according to the arrangement of the nodes in directed graph, and computing network failure probability for each node based on the corresponding individual failure probability, the downstream failure probability, and the upstream failure probability. Managing the network is based on the network failure probability of the assets.

Abstract: A system and method of managing a network with assets are described. The method includes generating a directed graph with each of the assets represented as a node, determining individual failure probability of each node, computing downstream failure probability of each node according to an arrangement of the nodes in the directed graph, computing upstream failure probability of each node according to the arrangement of the nodes in directed graph, and computing network failure probability for each node based on the corresponding individual failure probability, the downstream failure probability, and the upstream failure probability. Managing the network is based on the network failure probability of the assets.

Abstract: A system and method of managing a network with assets are described. The method includes generating a directed graph with each of the assets represented as a node, determining individual failure probability of each node, computing downstream failure probability of each node according to an arrangement of the nodes in the directed graph, computing upstream failure probability of each node according to the arrangement of the nodes in directed graph, and computing network failure probability for each node based on the corresponding individual failure probability, the downstream failure probability, and the upstream failure probability. Managing the network is based on the network failure probability of the assets.

Abstract: A system and method of managing a network with assets are described. The method includes generating a directed graph with each of the assets represented as a node, determining individual failure probability of each node, computing downstream failure probability of each node according to an arrangement of the nodes in the directed graph, computing upstream failure probability of each node according to the arrangement of the nodes in directed graph, and computing network failure probability for each node based on the corresponding individual failure probability, the downstream failure probability, and the upstream failure probability. Managing the network is based on the network failure probability of the assets.