The suggestion that a post-implementation review (PIR) mechanism be put in place was mooted at the recent development forum held in Colombo.
rnrnServing a kind of watchdog function, a team of multi-disciplinary professionals conducts the audit at the completion of selected projects or any significant capital expenditure commitments.
rnrnProgress reviews of this kind are usually held every six, 18 or 24 months.
rnrnBut the Chamber believes that except for a few large firms, the country lacks the required levels of technical expertise to carry out effective audits.
rnrnldblquote We believe that the professional capacity for undertaking effective post-implementation reviews may not be available in Sri Lanka, with the exception of a few large private sector companies and professional firms
dblquote , Chamber Chairman, Chandra Jayaratne said today.
rnrnBacked up with the required assistance, the chamber believes that the private sector will develop the capabilities to support government initiatives wit