A Dissertation Submitted to the School of Business in partial fulfillment of the requirements for the award of the Degree of Master of Sciences in Accounting and Finance ( MSc –A&F) of Mzumbe University
The study focused on the assessment of value for money in ASDP projects. Specifically the study was intended to assess the performance of ASDP projects mainly on construction projects in order to determine whether the allocated resources have been spent effectively, economically and efficiently. The study was conducted at Korogwe Town Council. The researcher employed a case study design. The approach used in drawing the representative sample for the study was simple random sampling technique and judgmental sampling technique. A sample of sixty five people formed the total sample size of this study. In carrying out the study, the researcher collected data by using multiple methods including structured questionnaires, interviews, documentary review and participatory observations. Data were analyzed through quantitative methods which involved the use of percentages and tabulation. The researcher based on the greater number and percentage of respondents to draw conclusion. Thus, the researcher decided to take 70% or above as decision criteria basing on the number of persons who responded over the total number of persons respond on the questionnaires provided to them. The analysis showed that almost all procurement of all visited projects was done at the community level with full participation of Community Management Committees and with support from ASDP management team of KTC. The study found that the community members were not contributing effectively and on a timely manner the agreed financial contributions. There were no environmental measures in implementing the projects since the cost of the environmental measures were not reflected in the budget. The study revealed that implemented projects observed the allocated resources were spent and resulted in effective, economy and efficiency outcome. The study recommends that communities should make financial contribution within agreed time before implementation starts. This will help to reduce the time implementation being behind schedule and unproductive projects.