Abstract: A real-time line management system and associated methods. A line management system for use in conjunction with an operation in a subterranean well includes a line installed in the well during the operation, and a computing device which indicates a used life of the line during the operation. A method of managing a line used in an operation in a subterranean well includes the steps of: installing the line in the well during the operation; and determining a used life of the line while the line is installed in the well. A method of managing a line used in multiple operations in one or more subterranean wells includes the steps of: estimating conditions which will be experienced by the line during a future operation; and predicting before the future operation what a used life of the line will be after the line is used in the future operation.