Abstract: A telecommunications network system (10), formed of multiple interconnected nodes (16-22, 26-34, 50-58), is shown in FIG. 1. At least some of the nodes are provided with application spaces (DPASs, 70-94) into which specific programs can be downloaded and run. The application space (DPASs, 70-94), realized by control logic and memory, takes control of managing specific programs and reporting results arising from execution of the specific programs. The application spaces support specific functionality dependent upon the functionality of the node, and support real-time downloading and running of code. Resultant data acquired from running the specific programs is correlated between nodes to produce highly pertinent management data that is communicated to a management device, such as an OMC (48), for analysis and fault identification/performance optimization.