Success Criteria (KPIs)

The success of the parking management initiative should be measured by concrete, data-driven Key Performance Indicators (KPIs).

Operational & Financial KPIs:

• Parking Space Occupancy Rate: Achieve an average occupancy of 80–85% for optimal utilization.
• Average Time to Find a Space: Reduce search time for parking by 50%.
• Revenue from Parking Fees: Meet or exceed financial targets, allocating ~10% to sustainable mobility.

User Experience & Strategic KPIs:

• Adoption Rate of Digital Tools: At least 60% of parking transactions via app or digital payments.
• Reduction in On-Street Parking Demand: Shift users to off-street garages.
• Public Perception: Improve resident satisfaction through periodic surveys.

Summary

Core Problem: Recognized shortage of parking in a rapidly growing district.

Strategic Solution: Smart Parking Management System integrated with mobility policy.

Primary Business Goals: Optimize space use, reduce congestion, generate revenue, improve living quality.

Measurable Targets: Higher occupancy efficiency, shorter search time, digitalization, positive feedback.