In performance budgeting in Canada, Federal departments have put in place a results-based management approach for all spending, ensuring that programs are linked to the priorities of Canadians and that they provide value for money. Results-based management uses a life-cycle approach by integrating planning, monitoring, and reporting to improve decision-making. It encompasses both the Management Accountability Framework and the Policy on Management, Resources, and Results Structures.

Describe integrating, monitoring, and reporting stages in a results-based management life-cycle?