Gilberto Francisco Martha de Souza is an associate professor at the Department of Mechatronics and Mechanical Systems, Escola Politécnica – University of São Paulo, Brazil. He is also the leader of the Reliability and Risk Analysis Laboratory, and has led a number of research projects aiming at defining risk-based maintenance planning of complex systems to improve system reliability and availability such as power plants (hydro and thermal), topside oil rigs equipment and mechanical equipment. He is currently associate editor of the journal ASCE-ASME Journal of Risk and Uncertainty in Engineering Systems, Part B: Mechanical Engineering. Arthur Henrique de Andrade Melani is a Brazilian-born and based engineer and academic researcher. He graduated (2013) as Mechatronics Engineer at the University of Sao Paulo and holds a Master’s degree (2015) and a Ph.D. (2020) in Mechanical Engineering from the same university. Since his graduation, he has actively participated in several research projects on Reliability Centered Maintenance, Fault Detection and Diagnosis, and Asset Management. His research has been mainly applied in the power generation sector, especially in hydroelectric and thermoelectric plants. He is currently a postdoctoral scholar at the Polytechnic School of the University of Sao Paulo. Miguel Angelo De Carvalho Michalski works in the Department de Engenharia Mecatrônicae de Sistemas Mecanicos in Cidade Universitaria, Sau Paulo, Brazil. Renan Favarao Da Silva works in the Dept de Engenharia Mecatrônica e de Sistemas Mecânicos at Cidade Universitaria in Sau Paulo, Brazil.