In the context of condition-based maintenance,a condition-based maintenance decision-making model for power system is proposed based on association sets decomposition to coordinate functional dependence among different equipments.To investigate the functional dependence,the definition of equipment association sets is given.With the help of the equipment condition monitoring and prediction system,the instantaneous availability function of equipment association sets is deduced by considering scheduled maintenance and opportunistic maintenance in the preceding period.Furthermore,the quantitative expression of expected cost of equipment and system operation risk are provided.Then the system maintenance model is developed,with the minimized expected cost of equipment and system operation risk as the objective while taking maintenance constraints into account.The genetic algorithm is used to solve the model.Test results show the feasibility and validity of the proposed model.