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Computer software that assists the user in estimating when a known fault will become a failure so that maintenance actions can be planned in advance and performed in a timely manner. The prognostics function models the failure progression process and alerts the user about the probable time for maintenance actions. This can be integrated with the equipment periodic maintenance schedules for higher dispatch reliability.; Computer software that assists the user in estimating when a known fault will become a failure so that maintenance actions can be planned in advance and performed in a timely manner. The prognostics function models the failure progression process and alerts the user about the probable time for maintenance actions. This can be integrated with the equipment periodic maintenance schedules for higher dispatch reliability.