Adaptive management of wild populations requires good knowledge of the population status. The main way to evaluate management performance is through recurring surveys, which often also serve as a decision basis for harvest quotas. We evaluated the effect of different survey reliabilities and frequencies during 1-4 years on management performance using a stochastic age and stage-specific population model for an Eurasian lynx Lynx lynx population. As a proxy for management performance, we looked at the proportion of time that the population remained within a preferred interval, the proportion of time with no harvest, the average harvest number and the total number of surveys during the 50-year period in the simulation. In general, management performance increased with increased monitoring accuracy. More interestingly, a more reliable survey performed less frequently performed better than a less reliable survey performed every year. The management performance was not perfect even with complete knowledge of the population size at the survey, as annual variation in reproduction and survival between the survey (decision based on year t) and harvest (performed in year t 1) sometimes cause the population to be outside the preferred interval. If financial resources are limited, we recommend managers to minimise the error in the survey rather than to increase the frequency of surveys.