A system is provided for monitoring the effectiveness of a braking function in a powered system. The system includes a sensor configured to measure a parameter related to the operation of the powered system. Additionally, the system includes a processor coupled to the sensor, to receive data related to the parameter. Subsequent to activating the braking function, the processor is configured to determine the effectiveness of the braking function of the powered system, based upon whether the parameter data varies by a predetermined threshold. A method and a computer software code are also provided for monitoring the effectiveness of a braking function in a powered system.