| dc.description.abstract | This work had three specific objectives namely, assessing the effectiveness of expenditure management in UBC, identifying the challenges of expenditure management, and to propose mechanisms for improving expenditure management. The study employed cross sectional research design and as such, data were collected once without repeat. A quantitative approach employing questionnaires to collect data was employed. A total of 269 questionnaires were dispatched and a response rate of 91.8% was realised. SPSS system was used to aid the analysis. The results show that expenditure management in UBC was ineffective. The said state of affairs was mainly demonstrated by the poor scores in such aspects as, poor estimation of expenses with accuracy, poor projecting expenses per job/project, the variation between the actual and the projected expenses, and how UBC performance in expenditure management as compared with related institutions. In respect to the challenges, it was noted that UBC faced challenges including, wastage, poor services, acts of negligence, ethical lapses, and weak control system. Finally, in terms of the mechanisms that can be employed to promote expenditure management, UBC ought to; employ new smart expense management system, hire competent employees, and offer incentives to employees of the departments that perform well in terms of expense management. | en_US |
