diff --git a/doc/31-Changelog.md b/doc/31-Changelog.md
index 877569f..3f26dc8 100644
--- a/doc/31-Changelog.md
+++ b/doc/31-Changelog.md
@@ -20,6 +20,7 @@ Released closed milestones can be found on [GitHub](https://github.com/Icinga/ic
 * Adds new Cmdlet `Show-IcingaPerformanceCounterInstances` to display all available instances for Performance Counters
 * [#76](https://github.com/Icinga/icinga-powershell-framework/issues/76) Adds support to test for required .NET Framework Version 4.6.0 or above before trying to install the Icinga Agent
 * [#87](https://github.com/Icinga/icinga-powershell-framework/issues/87) Adds wrapper command to test new code or functionality of Framework and/or plugins
+* [#88](https://github.com/Icinga/icinga-powershell-framework/issues/88) Adds Start/Stop timer functionality for performance analysis
 
 ### Bugfixes
 
diff --git a/icinga-powershell-framework.psm1 b/icinga-powershell-framework.psm1
index d9dc53e..e277fcf 100644
--- a/icinga-powershell-framework.psm1
+++ b/icinga-powershell-framework.psm1
@@ -35,11 +35,13 @@ function Use-Icinga()
         $global:IcingaThreads       = [hashtable]::Synchronized(@{});
         $global:IcingaThreadContent = [hashtable]::Synchronized(@{});
         $global:IcingaThreadPool    = [hashtable]::Synchronized(@{});
+        $global:IcingaTimers        = [hashtable]::Synchronized(@{});
         $global:IcingaDaemonData    = [hashtable]::Synchronized(
             @{
                 'IcingaThreads'            = $global:IcingaThreads;
                 'IcingaThreadContent'      = $global:IcingaThreadContent;
                 'IcingaThreadPool'         = $global:IcingaThreadPool;
+                'IcingaTimers'             = $global:IcingaTimers;
                 'FrameworkRunningAsDaemon' = $Daemon;
                 'DebugMode'                = $DebugMode;
             }
diff --git a/lib/core/framework/Get-IcingaTimer.psm1 b/lib/core/framework/Get-IcingaTimer.psm1
new file mode 100644
index 0000000..960594f
--- /dev/null
+++ b/lib/core/framework/Get-IcingaTimer.psm1
@@ -0,0 +1,35 @@
+<#
+.SYNOPSIS
+   Fetches a Stopwatch system object by a given name if initialised with Start-IcingaTimer
+.DESCRIPTION
+   Fetches a Stopwatch system object by a given name if initialised with Start-IcingaTimer
+.FUNCTIONALITY
+   Fetches a Stopwatch system object by a given name if initialised with Start-IcingaTimer
+.EXAMPLE
+   PS>Get-IcingaTimer;
+.EXAMPLE
+   PS>Get-IcingaTimer -Name 'My Test Timer';
+.PARAMETER Name
+   The name of a custom identifier to run mutliple timers at once
+.INPUTS
+   System.String
+.OUTPUTS
+   System.Diagnostics.Stopwatch
+.LINK
+   https://github.com/Icinga/icinga-powershell-framework
+#>
+
+function Get-IcingaTimer()
+{
+    param (
+        [string]$Name = 'DefaultTimer'
+    );
+
+    $TimerData = Get-IcingaHashtableItem -Key $Name -Hashtable $global:IcingaDaemonData.IcingaTimers;
+
+    if ($null -eq $TimerData) {
+        return $null;
+    }
+
+    return $TimerData.Timer;
+}
diff --git a/lib/core/framework/Show-IcingaTimer.psm1 b/lib/core/framework/Show-IcingaTimer.psm1
new file mode 100644
index 0000000..e6fd310
--- /dev/null
+++ b/lib/core/framework/Show-IcingaTimer.psm1
@@ -0,0 +1,39 @@
+<#
+.SYNOPSIS
+   Returns the spent time since Start-IcingaTimer was executed in seconds for
+   a specific timer name
+.DESCRIPTION
+   Returns the spent time since Start-IcingaTimer was executed in seconds for
+   a specific timer name
+.FUNCTIONALITY
+   Returns the spent time since Start-IcingaTimer was executed in seconds for
+   a specific timer name
+.EXAMPLE
+   PS>Show-IcingaTimer;
+.EXAMPLE
+   PS>Show-IcingaTimer -Name 'My Test Timer';
+.PARAMETER Name
+   The name of a custom identifier to run mutliple timers at once
+.INPUTS
+   System.String
+.OUTPUTS
+   Single
+.LINK
+   https://github.com/Icinga/icinga-powershell-framework
+#>
+
+function Show-IcingaTimer()
+{
+    param (
+        [string]$Name = 'DefaultTimer'
+    );
+
+    $TimerObject = Get-IcingaTimer -Name $Name;
+
+    if ($null -eq $TimerObject) {
+        Write-IcingaConsoleNotice 'A timer with the name "{0}" does not exist' -Objects $Name;
+        return;
+    }
+
+    return $TimerObject.Elapsed.TotalSeconds;
+}
diff --git a/lib/core/framework/Start-IcingaTimer.psm1 b/lib/core/framework/Start-IcingaTimer.psm1
new file mode 100644
index 0000000..af0874f
--- /dev/null
+++ b/lib/core/framework/Start-IcingaTimer.psm1
@@ -0,0 +1,45 @@
+<#
+.SYNOPSIS
+   Start a new timer for a given name and stores it within the $globals section
+   of the Icinga PowerShell Framework
+.DESCRIPTION
+   Start a new timer for a given name and stores it within the $globals section
+   of the Icinga PowerShell Framework
+.FUNCTIONALITY
+   Start a new timer for a given name and stores it within the $globals section
+   of the Icinga PowerShell Framework
+.EXAMPLE
+   PS>Start-IcingaTimer;
+.EXAMPLE
+   PS>Start-IcingaTimer -Name 'My Test Timer';
+.PARAMETER Name
+   The name of a custom identifier to run mutliple timers at once
+.INPUTS
+   System.String
+.LINK
+   https://github.com/Icinga/icinga-powershell-framework
+#>
+
+function Start-IcingaTimer()
+{
+    param (
+        [string]$Name = 'DefaultTimer'
+    );
+
+    if ((Test-IcingaTimer)) {
+        Write-IcingaConsoleNotice 'The timer with the name "{0}" is already active' -Objects $Name;
+        return;
+    }
+
+    # Load the library first
+    [System.Reflection.Assembly]::LoadWithPartialName("System.Diagnostics");
+    $TimerObject = New-Object System.Diagnostics.Stopwatch;
+    $TimerObject.Start();
+
+    Add-IcingaHashtableItem -Key $Name -Value ([hashtable]::Synchronized(
+        @{
+            'Active' = $TRUE;
+            'Timer'  = $TimerObject;
+        }
+    )) -Hashtable $global:IcingaDaemonData.IcingaTimers -Override | Out-Null;
+}
diff --git a/lib/core/framework/Stop-IcingaTimer.psm1 b/lib/core/framework/Stop-IcingaTimer.psm1
new file mode 100644
index 0000000..06309e9
--- /dev/null
+++ b/lib/core/framework/Stop-IcingaTimer.psm1
@@ -0,0 +1,44 @@
+<#
+.SYNOPSIS
+   Stops a timer object started with Start-IcingaTimer for a specific
+   named timer
+.DESCRIPTION
+   Stops a timer object started with Start-IcingaTimer for a specific
+   named timer
+.FUNCTIONALITY
+   Stops a timer object started with Start-IcingaTimer for a specific
+   named timer
+.EXAMPLE
+   PS>Stop-IcingaTimer;
+.EXAMPLE
+   PS>Stop-IcingaTimer -Name 'My Test Timer';
+.PARAMETER Name
+   The name of a custom identifier to run mutliple timers at once
+.INPUTS
+   System.String
+.LINK
+   https://github.com/Icinga/icinga-powershell-framework
+#>
+
+function Stop-IcingaTimer()
+{
+    param (
+        [string]$Name = 'DefaultTimer'
+    );
+
+    $TimerObject = Get-IcingaTimer -Name $Name;
+
+    if ($null -eq $TimerObject) {
+        return;
+    }
+
+    if ($TimerObject.IsRunning) {
+        $TimerObject.Stop();
+    }
+    Add-IcingaHashtableItem -Key $Name -Value ([hashtable]::Synchronized(
+        @{
+            'Active' = $FALSE;
+            'Timer'  = $TimerObject;
+        }
+    )) -Hashtable $global:IcingaDaemonData.IcingaTimers -Override | Out-Null;
+}
diff --git a/lib/core/framework/Test-IcingaTimer.psm1 b/lib/core/framework/Test-IcingaTimer.psm1
new file mode 100644
index 0000000..113c386
--- /dev/null
+++ b/lib/core/framework/Test-IcingaTimer.psm1
@@ -0,0 +1,35 @@
+<#
+.SYNOPSIS
+   Tests if a specific timer object is already present and started with Start-IcingaTimer
+.DESCRIPTION
+   Tests if a specific timer object is already present and started with Start-IcingaTimer
+.FUNCTIONALITY
+   Tests if a specific timer object is already present and started with Start-IcingaTimer
+.EXAMPLE
+   PS>Test-IcingaTimer;
+.EXAMPLE
+   PS>Test-IcingaTimer -Name 'My Test Timer';
+.PARAMETER Name
+   The name of a custom identifier to run mutliple timers at once
+.INPUTS
+   System.String
+.OUTPUTS
+   Boolean
+.LINK
+   https://github.com/Icinga/icinga-powershell-framework
+#>
+
+function Test-IcingaTimer()
+{
+    param (
+        [string]$Name = 'DefaultTimer'
+    );
+
+    $TimerData = Get-IcingaHashtableItem -Key $Name -Hashtable $global:IcingaDaemonData.IcingaTimers;
+
+    if ($null -eq $TimerData) {
+        return $FALSE;
+    }
+
+    return $TimerData.Active;
+}