Prognostics and Health Management (PHM)

Prognostics and Health Management (PHM) is a discipline that monitors and assesses the condition of equipment or systems to predict potential failures before they happen. By analyzing data from sensors and systems, PHM helps identify when a component may need maintenance or replacement, reducing unexpected downtime and extending equipment life. It combines tools from engineering, data analysis, and modeling to improve safety, reliability, and efficiency, supporting informed decision-making and cost savings in industries like aerospace, manufacturing, and transportation.