Determining that conventional hard drive failure is imminent by hearing clicking and grinding is never a good idea. By that stage failure has already started, and will have been producing warning messages in the Windows Eventlogs for hours, days, weeks or months. It is not unusual to see warnings in the Windows Eventlogs months ahead of failure. The same is true of SSD.
Windows also reports HDD errors such as NTFS errors, read and write errors, and chkdsk errors.
The best method of detection in a commercial environment is a SMART enabled program that provides real time detection and analysis such as Hard Drive Sentinel or a program that is managing the Event Log such as Event Sentry.