Innovation science and technologiy Volume 2 Issue 5 (2026)
LOSS MANAGEMENT MATRIX (LOSS MANAGEMENT MATRIX) MODEL IN POWER GRID ENTERPRISES
Khojimurodov, Zukhriddin
Abstract
The article develops the “Loss Management Matrix” (LMM) model, which integrates internalcontrol and financial incentive systems based on accounting and audit data in order to reduce losses inelectric grid enterprises. The study highlights mechanisms for monitoring, analyzing losses, and evaluating keyperformance indicators (KPIs) based on corporate governance principles, the “Three Lines of Defense” internalcontrol model, and the RIIO–ED2 approach. In addition, the significance of the proposed model in improvingmanagement efficiency and optimizing losses in electric grid enterprises is substantiated.
LMM, loss management, matrix, internal control, RIIO–ED2, incentive system, corporate governance, “Three Lines of Defense”, monitoring, KPI.
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