PREHEAT oven to 350ºF. Heat dressing in large skillet on medium-high heat. Add meat; cook 5 min. on each side or until browned on both sides. Transfer meat to roasting pan. Surround with vegetables. Mix water, wine and barbecue sauce. Pour over meat; cover tightly with lid or foil.
BAKE 2-1/2 to 3 hours or until meat is medium doneness (160ºF). Let stand, covered, 10 min. Meanwhile, transfer vegetables to blender with slotted spoon; cover. Blend until smooth. Add 1 cup of the braising liquid; blend well.
CUT meat across the grain into thin slices. Serve topped with the sauce.