Meridium provides a robust framework to apply balanced scorecard principles to asset performance management. Strategies, objectives and key performance indicators (KPIs) can be defined to support the measurement of key asset performance management indices such as availability, reliability, lost production, regulatory compliance and asset/strategy cost management. Meridium Metrics & Scorecards allows KPIs to be displayed in a dashboard or scorecard layout and provide automatic alerting when thresholds are exceeded so corrective action can be taken.