Abstract: A method, system, and computer program product for performing prognosis and asset management services is provided. The method includes calculating an accumulated damage estimate for a component via a diagnostics function and applying future mission data for the component to at least one model that calculates accumulated damage or remaining life of the component. The method also includes inputting the accumulated damage estimate to the model and aggregating damage over time and quality assessments produced by the model. The method further includes calculating a damage propagation profile and remaining life estimate for the component based on the aggregating and providing an uncertainty estimate for the damage estimate and the remaining life estimate.