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The Influence of Budgeting on Project Success in Water for Life Project, Rwanda

Journal: International Journal of Science and Research (IJSR) (Vol.9, No. 5)

Publication Date:

Authors : ; ;

Page : 863-866

Keywords : Failure to manage budget; water for life project; project success; project performance; poor budgeting;

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Abstract

The purpose for this study was to evaluate the influence of the budget on project success in water for life project with the following objectives; to examine the effect of unclear budget on the success of water for life project, to identify the effect of poor budget implementation one success of water for life project and to identify the effect of poor budgeting on success of water for life project. The study was limited to the employees of water for life project and was carried out in Kabare sector. Descriptive research design was used. Simple random sampling techniques was used to obtain 86 employees from 110 employees of water for life project. The study found that when planned activities and resources are poorly implemented the project cannot become successful hence leading to failure. Similarly, it was confirmed that unclear budgets make difficulties to raise resources required to implement activities of the project as well as undertaking activities as planned hence affecting project success and found out that budget poorly implemented the project cannot become successful hence leading to failure to achieve project objectives and that working outside budget may lead to wastage of resources and failure to attain the desired objectives. The studyrecommends that water for life project should continue handling budget management issue well because it is important in fostering project success.

Last modified: 2021-06-28 17:06:43