A method of managing the workload in a computer system having one or more semi-redundant hardware components is provided. The method comprises detecting loss or degradation of the level of performance of one or more of the semi-redundant hardware components, identifying hardware components affected by the loss or degradation, migrating a critical job from an affected hardware component to an unaffected hardware component, and performing less-critical jobs on an affected hardware component. Loss or degradation of the semi-redundant component reduces the capacity of affected hardware components in the computer system without entirely disabling the computer system. Jobs identified as critical run on hardware components having the most capacity and reliability, while less-critical jobs use the remaining capacity of affected hardware components. Examples of semi-redundant hardware components include a memory module, CPU core, Ethernet port, power supply, fan, disk drive, and an input output port.