An effective state is essential to achieving sustainable socioeconomic development. With the advent of globalization, there are significant pressures on governments and organizations around the world to be more responsive to the demands of internal and external stakeholders for good governance, accountability, and transparency, greater development effectiveness, and delivery of tangible results. Government, parliaments, citizens, the private sector, non-governmental organizations (NGOs) , civil society , international organizations, and donors are among the stakeholders interested in ensuring that funds used achieve desired results. As the demands for greater accountability have increased there is an attendant need for enhanced results-based monitoring and evaluation of policies, programs and projects.