A life consumption of a component in a machine may be predicted. Load data may be received from a load session of said machine. A plurality of parameter sets may be accessed, each associated with a critical point of said component, which point is considered to have critical life consumption. For each critical point, life consumption may be calculated using a life consumption calculation model receiving said load data and said parameter sets as input. By selecting a plurality of critical points on the component, a more complete view is presented of how the different parts of the component are affected by the load session.