Precise analysis on deterioration processes of road pavements is not so simple matter due to severe uncertainty originated from a lot of explanatory variables engaged in. For those reasons, most analytical models for pavement deterioration prediction have often preferred to probabilistic approaches than deterministic models. However, the general probabilistic approaches that treat overall characteristics of population or entire sample would not be suitable for providing detail or localized information on their changing process. Considering the aspects, this paper aimed to suggest a stochastic disaggregation method to analyze the localized deterioration speeds and its variances changed by time and condition states. In addition, life expectancies and their uncertainty were estimated by probabilistic algorithm using the disaggregated stochastic process. For an empirical study, pavement inspection data (crack) accumulated from 2003 to 2010 from Korean national highway network was applied. This study can contribute to securing reliability of life cycle cost analysis, which is one of the primary analyses in road asset management, with much advanced deterioration forecasting functions. In addition, it would be meaningful trials as fundamental research for preventive maintenance strategy that demands essential understanding on changing process of the deterioration speed of pavement.