What is the meaning of results based?

results-based. adjective. HR, WORKPLACE (also result-based) used to describe payment that is related to the number of things you do, produce, sell, etc.: The use of results-based incentives is appropriate if there is a clear link between outcome and behavior.

What is the book definition of budget?

A budget is used to forecast the financial results and financial position of an entity for a future period.

What word is budget?

1 : a statement of estimated income and expenses for a period of time. 2 : a plan for using money. budget. verb. budgeted; budgeting.

What is the meaning of result based management?

RBM is a management strategy by which all actors, contributing directly or indirectly to achieving a set of results, ensure that their processes, products and services contribute to the achievement of desired results (outputs, outcomes and higher level goals or impact).

What is result based planning?

“RBM is a participatory and team-based management approach to programme planning hat focuses on performance and achieving results and impacts. It is designed to improve programme delivery and strengthen management effectiveness, efficiency and accountability.”

What is result based management and why it matters?

Results-Based Management (RBM) is a management strategy that focuses on performance and the achieve- ment of results (outputs, outcomes and impacts). The aim of RBM is to manage an intervention while trying to ensure its relevance, efficiency, effectiveness, impact and other quality criteria.

What are the principles of results-based management?

Supporting Principle 1: Foster transformational.

  • Supporting Principle 2: Promote and.
  • Supporting Principle 3: Build and maintain results-based.
  • Supporting Principle 4: Ensure effective.
  • Supporting Principle 5: Review and update office.
  • Annex: Results questions for managers.