Abstract: Automatically assessing the health and predicting a probability of outage of a configuration item. A system automatically assesses the health of a configuration item and determines the probability of its outage by analyzing information associated with the current conditions of the configuration item obtained from an information technology service management (ITSM) system, an application performance management (APM) system or a machine data (MD) analysis system. The system further determines a probability of outage and health degradation of a set of configuration items impacted due to a Change by matching essence key phrases of the requested Change with outage predictor list for outage probability and health degradation predictor list for health degradation probability. The system further monitors configuration items impacted by a Change by analyzing information for the associated configuration items obtained from the ITSM, APM and MD analysis systems before and after the requested Change.