Please use this identifier to cite or link to this item: http://hdl.handle.net/20.500.12306/2005
Title: Budgetary controls and performance of selected construction Companies in Kampala, Uganda
Authors: Lutwama, Julius
Keywords: Budgetary controls
Performance
Construction Companies
Issue Date: Sep-2017
Publisher: Kampala International University
Abstract: The study investigated budgetary controls and performance of selected construction companies in Kampala, Uganda, it was guided by the following objectives which included determining the effect of monitoring on performance, to identify the effect of evaluation on performance, and to establish the effect of Planning on performance. The study used a cross-sectional research design and a descriptive correlational design. The researcher used a study population of 259 respondents are chosen from the leadership structure and directly mandated to manage budgetary controls in the selected construction companies in Uganda Due to limited time and resources, a sample size of (157 respondents) were selected from the study population of (259) respondents. The sample size was determined using the Slovene’s formula; the study made the following findings monitoring structure has a significant effect on performance since the p-value 0.04 was less than the significance level (0.05) and the correlation coefficient was notably high (0.76) rendering the effect between monitoring structure and performance to be a strong one. The findings above revealed that budgetary control s has a significant effect on performance since the p-value 0.04 was less than the significance level (0.05) and the correlation coefficient was notably high (0.76) rendering the effect between budgetary and performance to be a strong one. Therefore “budgetary controls have a significant effect on performance in selected construction companies in Uganda.” The study made the following conclusions Budgetary control is a system which uses budgets as means of planning and controlling all aspects of producing/or selling commodities and services. Budgetary control of sales and costs is obtained through executive action, guided by the monthly comparisons of actual and the planned results. Budgeting is merely a part of budgetary control which involves the preparation of budgets. There was poor adherence to proper physical planning and development control and service standards; poor mobilization; consultation; mobilization and sustainability; poor decisions making; weak laws are among things that affect effective and efficiency performance of monitoring in selected construction companies in Uganda. The study made the following recommendations the importance of budgetary control can never be over emphasized. Thus, for survival of any organization, management viii needs to embark on budget to effect proper planning and control. Seek information mainly from key officers involved in the preparation of the organizations budget. Planning is an important role of budgeting for attaining the expected quality and standards in planning control and leadership and staffing.
Description: A research report submitted to the college of economics and management in partial fulfillment of the requirements for the award of a master’s degree of business administration of Kampala International University
URI: http://hdl.handle.net/20.500.12306/2005
Appears in Collections:Master of Business Administration - Main and Ishaka Campus

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