Introduction
This Course offered by IRES for Central Banks offers a comprehensive training program tailored to the specific needs of central bank professionals, aiming to equip them with the tools, methodologies, and best practices necessary to assess the effectiveness and impact of policies, programs, and interventions. Grounded in principles of governance, leadership, and strategic planning, the course focuses on designing and implementing result-based monitoring and evaluation (RBME) systems that align with the central bank's strategic goals and objectives. Participants learn to track progress towards desired outcomes, analyze data to inform decision-making, and utilize RBME findings to improve performance and accountability. By fostering a culture of performance management and continuous improvement, the course contributes to strengthening governance structures, enhancing leadership effectiveness, and driving organizational excellence within the central bank, ultimately enabling central bank professionals to achieve better results in fulfilling their critical roles in the financial sector and broader economy.
Duration
5 Days
Target Audience:
- Policy Analysts and Program Managers
- Central Banks officials
- Monitoring and Evaluation Specialists
- Strategic Planning and Performance Management Professionals
- Data Analysts and Researchers
- Leadership and Management Personnel
- Human Resources and Training Specialists
- Internal and External Auditors
- Consultants and Advisors
Organizational Impact:
Upon completion of the training course, the organizational impact would be:
- Enhanced Accountability and Transparency
- Informed Decision-Making
- Improved Performance Management
- Strategic Resource Allocation
- Enhanced Learning and Adaptation
- Strengthened Stakeholder Relationships
- Capacity Building and Professional Development
- Increased Public Confidence
- Alignment with International Standards
- Long-Term Organizational Sustainability
Personal Impact:
On successful completion of this training course, Participants will be able to understand:
- Enhanced Skills and Competencies
- Career Advancement Opportunities
- Increased Confidence and Self-Efficacy
- Professional Recognition and Visibility
- Expanded Network and Collaboration Opportunities
- Personal Growth and Development
- Contribution to Organizational Excellence
- Alignment with Professional Goals and Values
- Personal Fulfillment and Satisfaction
- Continued Learning and Growth
Course Level:
Course Objectives
- Understanding result-based monitoring and evaluation Principles
- Developing result-based monitoring and evaluation Frameworks
- Implementing result-based monitoring and evaluation Systems
- Utilizing result-based monitoring and evaluation Findings
- Integrating result-based monitoring and evaluation into Strategic Planning
Course Outline
Module 1: Introduction to Result-Based Monitoring and Evaluation
- Understanding the principles and concepts of result-based monitoring and evaluation (RBME)
- Differentiating between traditional monitoring and evaluation approaches and result-based approaches
- Exploring the importance of focusing on outcomes and impacts in RBME
- Case studies and examples illustrating the relevance and application of RBME in central banking contexts
Module 2: Designing RBME Frameworks and Indicators
- Developing RBME frameworks aligned with central bank goals and objectives
- Identifying relevant outcome and impact indicators to measure progress and effectiveness
- Establishing baseline data and targets for RBME indicators
- Ensuring alignment with organizational strategies, policies, and priorities
Module 3: Data Collection and Analysis for RBME
- Selecting appropriate data collection methods and tools for RBME
- Collecting, managing, and analyzing data effectively to measure RBME indicators
- Interpreting and communicating RBME findings to stakeholders
- Utilizing technology and data visualization techniques to enhance RBME processes
Module 4: Evaluating Effectiveness and Impact
- Conducting evaluations to assess the effectiveness and impact of central bank policies, programs, and interventions
- Applying different evaluation methodologies, such as impact evaluations, process evaluations, and cost-benefit analyses
- Identifying strengths, weaknesses, opportunities, and threats (SWOT) in RBME processes and outcomes
- Utilizing evaluation findings to inform decision-making, improve program performance, and enhance accountability and transparency
Module 5: Integrating RBME into Organizational Processes
- Embedding RBME into strategic planning, policy development, and resource allocation processes within the central bank
- Building capacity for RBME among central bank staff through training and professional development initiatives
- Establishing mechanisms for continuous learning, adaptation, and improvement in RBME practices
- Cultivating a culture of evidence-based decision-making, accountability, and performance management within the central bank
Related Courses
Course Administration Details:
Methodology
These instructor-led training sessions are delivered using a blended learning approach and include presentations, guided practical exercises, web-based tutorials, and group work. Our facilitators are seasoned industry experts with years of experience as professionals and trainers in these fields. All facilitation and course materials are offered in English. Participants should be reasonably proficient in the language.
Accreditation
Upon successful completion of this training, participants will be issued an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Training Venue
The training will be held at IRES Training Centre. The course fee covers the course tuition, training materials, two break refreshments, and lunch. All participants will additionally cater to their travel expenses, visa application, insurance, and other personal expenses.
Accommodation and Airport Transfer
Accommodation and Airport Transfer are arranged upon request. For reservations contact the Training Officer.
- Email: [email protected]
- Phone: +254715 077 817
Tailor-Made
This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on:
- Email: [email protected]
- Phone: +254715 077 817
Payment
Payment should be transferred to the IRES account through a bank on or before the start of the course. Send proof of payment to [email protected]
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