Deterioration modeling is the process of modeling and predicting the physical conditions of equipment, structures, infrastructure or any other physical assets. The condition of infrastructure is represented either using a deterministic index or the probability of failure. Examples of such performance measures are pavement condition index for roads or for bridges. For probabilistic measures, which are the focus of reliability theory, probability of failure or reliability index are used. Deterioration models are instrumental to infrastructure asset management and are the basis for maintenance and rehabilitation decision-making. The condition of all physical infrastructure degrade over time. A deterioration model can help decision-makers to understand how fast the condition drops or violates