The efficiency and dependability of machine set depends on the quality of maintenance of functional units of the machine set rotor. Diagnosing the functional units of the machine set can significantly increase the effectiveness and efficiency of the maintenance of the machine set. The purpose of the study was to substantiate the separation of the machine set rotor and demonstrate the possibility of diagnosing such a functional unit using non-contact measurements of its relative vibrations. The measure of the wear margin of the machine set rotor was analyzed, and the symptoms of this measure were examined. Finally, the configuration of the relative vibration sensors of the machine set rotor was investigated. Three models of the relationship between the wear margin measures and the measures of the machine set rotor symptoms were developed for the machine set rotor with a crankshaft supported in slide bearings. One new sensors head (shaft position sensors head) of the relative vibration of the machine set rotor was designed. In each machine set, the rotor of the machine set can be distinguished. The developed models of relationships and designed sensors head can be used as parts of the diagnostic system of the supported slide bearings rotor of the machine set with the crankshaft.