A computer implemented method, comprising: obtaining, using a set of sensors, a set of current operational characteristics for a plurality of plant devices in a manufacturing plant; analyzing, for a particular plant device of the plurality of plant devices, for which operational characteristics of the set of current operational characteristics are not within an acceptable range, a set of risk factors corresponding to a failure of the particular plant device; determining, based on the set of risk factors, an overall risk posed by the particular plant device to operations of the manufacturing plant, wherein determining, based on the set of risk factors, the overall risk posed by the particular plant device to operations of the manufacturing plant, comprises inputting, into a risk assessment model, an identifier for the particular plant device and the set of risk factors corresponding to a failure of the particular plant device, wherein the risk assessment model is trained on (i) historical risk factors for plant devices in the manufacturing plant and (ii) corresponding risk score representing the risk to the operations of the manufacturing plant, and outputs an overall risk posed by the particular plant device to operations of the manufacturing plant, and obtaining, from the risk assessment model, an output specifying the overall risk posed by the particular plant device to the operations of the manufacturing plant; and adjusting one or more operations of the manufacturing plant based on the overall risk. obtaining, using a set of sensors, a set of current operational characteristics for a plurality of plant devices in a manufacturing plant; analyzing, for a particular plant device of the plurality of plant devices, for which operational characteristics of the set of current operational characteristics are not within an acceptable range, a set of risk factors corresponding to a failure of the particular plant device; determining, based on the set of risk factors, an overall risk posed by the particular plant device to operations of the manufacturing plant, wherein determining, based on the set of risk factors, the overall risk posed by the particular plant device to operations of the manufacturing plant, comprises inputting, into a risk assessment model, an identifier for the particular plant device and the set of risk factors corresponding to a failure of the particular plant device, wherein the risk assessment model is trained on (i) historical risk factors for plant devices in the manufacturing plant and (ii) corresponding risk score representing the risk to the operations of the manufacturing plant, and outputs an overall risk posed by the particular plant device to operations of the manufacturing plant, and obtaining, from the risk assessment model, an output specifying the overall risk posed by the particular plant device to the operations of the manufacturing plant; and inputting, into a risk assessment model, an identifier for the particular plant device and the set of risk factors corresponding to a failure of the particular plant device, wherein the risk assessment model is trained on (i) historical risk factors for plant devices in the manufacturing plant and (ii) corresponding risk score representing the risk to the operations of the manufacturing plant, and outputs an overall risk posed by the particular plant device to operations of the manufacturing plant, and obtaining, from the risk assessment model, an output specifying the overall risk posed by the particular plant device to the operations of the manufacturing plant; and adjusting one or more operations of the manufacturing plant based on the overall risk.