Results Based Management (RBM) in Finland's Development Policy : Managing for Sustainable Development Results - Guiding Document

The Ministry for Foreign Affairs of Finland does not define what school of thought or Results Based Management approach its partners who receive development cooperation funding from the Ministry should utilize. However, it requires a results culture that supports the effectiveness of development policy and enables monitoring and evaluation for the Ministry for Foreign Affairs. This Results Based Management (RBM) in Finland's Development Policy – Managing for Sustainable Development Results - Guiding Document provides an overview of basic definitions, objectives and principles of RBM in Finnish development policy. It is an updated version of the previous guidance document from 2015 and reflects reforms such as the adoption of OECD/DAC Guiding Principles on Managing for Sustainable Development Results. It also outlines the Theory of Change approach, which Finland has started using in its development cooperation programming and related monitoring, and includes a description of how development cooperation risk management contributes to effective result management. This Guiding Document clarifies the roles of several other key elements of Finland’s development policy, such as human rights based approach, vis-à-vis RBM. It is applied by the Ministry for Foreign Affairs of Finland at the corporate level and used in the planning, monitoring and implementation of all development cooperation modalities and interventions.