The methods for water loss management should be selected based on the needs, economy, applicability and current condition. Therefore, it is very important to develop a model that considers all components, actors, analyzes and offers the most appropriate alternatives. The aim of this study is to carry out a detailed evaluations for effective, efficient, sustainable and strategic water loss management, to present a new strategic model and to create a literature discussion that will set a reference for future studies. It is thought that the proposed model will provide significant advantages to studies such as making the current condition analysis in detail, determining the performance indicators that can be calculated, defining the goals, and determining the most appropriate methods. Thus, it will be possible to calculate more accurate indicators according to the data situation, to set realistic goals according to the current situation and to suggest the most appropriate methods.