An operations management apparatus which acquires performance information for each of a plurality of performance items from a plurality of controlled units and manages operation of the controlled units includes a correlation model generation unit which derives a correlation function between a first element and a second element of the performance information, generates a correlation model between the first element and the second element based on the correlation function, and obtains the correlation model for each element pair of the performance information, and a model searching unit which searches for the correlation model for each element between an input element and an output element among elements of the performance information in series, and predicts a value of the output element from a value of the input element based on the searched correlation model.