CARICOM continues implementation of a harmonised Results-Based Management (RBM) System with visit to The Bahamas
The Bahamas is this week benefitting from the regional series of sensitization seminars on the CARICOM Results-Based Management ((RBM) System. A team from the CARICOM Secretariat, led by Director, Strategic Management Unit, Mr Craig Beresford, is in Nassau conducting the exercise.
The RBM System, which promotes a more results-focused approach to programme and project management, is targeting a wide cross section of stakeholders including parliamentarians, Permanent Secretaries, International Development Partners, Regional Institutions, Directors and Corporate Planners, the Private Sector, Non-Governmental Organisations and the Media.
The Strategic Plan for the Caribbean Community 2015-2019, which was approved by CARICOM Heads of Government in 2014, articulated the need for a more results-focused approach to programme and project management, which would respond to the much lamented implementation deficit.
In its efforts to institute this results-focus approach, the CARICOM Secretariat, with funding from the Caribbean Development Bank (CDB), commenced the process of developing the CARICOM Results-Based Management (RBM) System. The System is expected to serve as a mechanism to engender a more results oriented culture within the Secretariat, Regional Institutions and importantly, at Member States level.
A CARICOM RBM Leadership Group has been established, comprising representatives from all Regional Institutions and Member States to serve as champions and coaches in their respective entities, by promoting the adoption and utilisation of RBM and Monitoring and Reporting (M&R). In addition to improving implementation and achievement of desired results, the RBM System is expected to improve transparency and accountability at all levels among the three implementation partners, that is, Member States, Regional institutions and the CARICOM Secretariat. This will be facilitated by the Performance Measurement Framework which has been developed for each Pillar of the Strategic Plan 2015-19.
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