Method and system for real-time performance degradation advisory for centrifugal compressors

A system and computer-implemented method for generating real-time performance advisories for a centrifugal compressor of a fleet of centrifugal compressors are provided. The method includes receiving an actual thermodynamic signature of the compressor, that is unique to the compressor, receiving compressor process parameter values during operation of the compressor, determining, in real¬ time, an actual performance of the compressor using the compressor process parameter values, determining, in real-time, a predicted performance of the compressor using the received actual thermodynamic signature of the compressor, determining a performance deviation of the compressor using the actual performance and the predicted performance, comparing the performance deviation to a predetermined dynamic threshold range of performance deviation specific to operating speed, and generating a notification to a user using the comparison.