Power systems (10) and methods of controlling power systems (12) are disclosed. The system (10) may include a power plant system (PPS) (12) including a component (36) and at least one computing device (66) in communication with the PPS (12). The computing device(s) (66) may be configured to control the PPS (12) by performing processes including determining if an operational anomaly (124) for the component (36) occurred during operation of the PPS (12). In response to determining that the operational anomaly (124) did not occur, the computing device(s) (66) may also perform processes including determining a first operational reliability (128) of the component (36). In response to determining the operational anomaly (124) occurred, the computing device(s) (66) may also perform processes including determining a second operational reliability (128) of the component (36) based on the determined operational anomaly (124). Additionally, the computing device(s) (66) may perform processes including adjusting operation