Determinants of Value for Money in Education Project in Rwanda: A Case of Building Learning Foundations Programme


  • Mr. Justin Ndayishimiye Mount Kenya University, Kigali, Rwanda
  • Dr. Osiemo Athanas Kengere (PhD) Mount Kenya University, Kigali, Rwanda



This study investigated determinants of value money   in education project in Rwanda the case of Building Learning Foundations Program funded by the government of the United Kingdom through department of international development. Specifically, the research assessed influence of accountability systems on value for money, to analyze the role of financial management practices on value money as well as investigated influence of inclusivity on value for money in education project. A descriptive research design was applied with a target population of 107 Building learning foundation personnel. Simple random sampling technique   to obtain a representative group of eighty-four respondents in 2023 and primary was gathered using questionnaires, validity of research instrument was supported by Mount Kenya University supervisor, and the questions' reliability was assessed by pilot testing. A mixed method was applied for analyzing obtained data and findings were drawn. The independent variables of the study, accountability systems, financial management practices, and inclusivity frameworks were the major determinants of value money for considering findings dependent variable. According to the analysis of variance (52.000>8.2984), the estimated value was greater than the critical value, presenting that accountability systems, financial management practices and inclusivity frameworks had a strong correlation  on  the achievement of value for money. The model’s significance value was less than 0.05. The correlation study confirmed the association between research variables showing a positive relationship between value for money and financial management practices with r = 0.709, P 0.01 and r=0.439 and P value of 0.01 linked to accountability systems and value for money was also substantial and show a relationship between inclusivity frameworks and value for money with r=0.196, p 0.01. Findings with suggest that determinants of value money have a strong correlation with success. This research proposed that further researches should be undertaken on the assessment of effectiveness of education programs in improving educational outcomes such as student performance, enrollment rates and access to quality education. The conclusions of the research are intended to assist the projects and organizations delivering the best possible value for money.

Keywords: Determinants of Value for Money, Education Project, Building Learning Foundations Programme, Rwanda

Author Biographies

Mr. Justin Ndayishimiye, Mount Kenya University, Kigali, Rwanda

School of Business and Economics, Master Business Administration (Finance and Accounting Option), Mount Kenya University, Kigali, Rwanda

Dr. Osiemo Athanas Kengere (PhD), Mount Kenya University, Kigali, Rwanda

Mount Kenya University, Kigali, Rwanda


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How to Cite

Ndayishimiye, J., & Kengere, O. A. (2023). Determinants of Value for Money in Education Project in Rwanda: A Case of Building Learning Foundations Programme. Journal of Finance and Accounting, 7(11), 245–258.