A method of evaluating a part is characterized by obtaining data representing a distress rank model (DRM) and a cumulative damage model (CDM) for the part. Based on the data, the method ascertains a DRM value for the part and a CDM value for the part. The method determines whether the DRM value is at or above a predetermined DRM threshold and whether a CDM value is at or above a predetermined CDM threshold. If either the DRM value or the CDM value is at or above at least one respective threshold, an action related to the part is generated.