A system and method to predict a failure of an imaging system that includes a radiation source having an x-ray tube assembly is provided. The system includes a storage medium having a plurality of programmable storage instructions to instruct a processor to perform the steps of acquiring an age of the x-ray tube assembly, calculating a baseline probability of a survivability of the tube assembly for a remaining time period dependent on the age of the tube assembly, acquiring measurement of at least one operating parameter of the x-ray tube assembly, and automatically changing the baseline probability of a survivability of the imaging system for the remaining time period in response to the measurement of the at least one operating parameter of the x-ray tube assembly.