Asset Management Manual - World Road Association (PIARC)
Published on Asset Management Manual - World Road Association (PIARC) (https://road-asset.piarc.org)

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1.4.2 Why performance management is needed?

Performance management is functional to the achievement of the following objectives:

  • Provide a systematic approach to measure progress in the implementation of asset management;
  • Enable auditing and monitoring of the delivery of the asset management strategy;
  • Demonstrate how funding is being used effectively to meet stakeholder needs;
  • Provide the link between corporate vision, asset management strategy and maintenance operations;
  • Facilitate effective communications with stakeholders by demonstrating performance against their requirements;
  • Demonstrate any shortfalls in funding.

 

 


Source URL: https://road-asset.piarc.org/en/management-performance-management/why-pm-needed