In thermal power plants, the internal combustion engines are constantly subjected to stresses, requiring a continuous monitoring system in order to check their operating conditions. However, most of the time, these monitoring systems only indicate if the monitored parameters are in nonconformity close to the occurrence of a catastrophic failure—they do not allow a predictive analysis of the operating conditions of the machine. In this paper, a statistical model, based on the statistical control process and Nelson Rules, is proposed to analyze the operational conditions of the machine based on the supervisory system data. The statistical model is validated through comparisons with entries of the plant logbook. It is demonstrated that the results obtained with the proposed statistical model match perfectly with the entries of the logbook, showing our model to be a promising tool for making decisions concerning maintenance in the plant.