The invention discloses an intelligent fault diagnosis device and method with BIT capability, and the method comprises the steps: enabling one or more tested devices to be connected to the intelligent fault diagnosis device, and enabling the one or more tested devices to be a
field replaceable unit (LRU); a plurality of sensors are arranged at internal and external interfaces of each LRU, and collected data are transmitted to a
central processing unit; analyzing the collected data by adopting a self-
adaptive algorithm, and outputting a fault risk
score A of the current
system state; based on the fault risk
score A, parameters of a fault prediction model
lambda (t) are adjusted; and based on the fault risk
score A and the fault prediction model
lambda (t), obtaining an overall fault diagnosis index FD, and generating a fault diagnosis report. According to the invention, the fault diagnosis accuracy can be improved, the fault prediction capability can be enhanced, complex working conditions can be adapted, the maintenance cost and
downtime can be reduced, and a real-time monitoring and feedback mechanism, expandability and compatibility and data-driven
intelligent decision support can be realized.