Budget planning, monitoring, and organizational performance of not-for-profit health institutions in Uganda

Abstract

Budgets are key tools that when well formulated and monitored, help managers to drive the institution towards the achievement of its goals and objectives. The current study set out to investigate the relationship between budget planning, budget monitoring, and organizational performance of the not-for-profit health institutions in Uganda. This was a cross-sectional study that involved 63 respondents purposively and conveniently selected from two hospitals in the departments of finance and administration. The data was collected from October to December 2021 using a self –administered questionnaire and analyzed using STATA 12 to generate both descriptive and inferential statistics. The study findings revealed the existence of a significant positive relationship between budget planning and organizational performance, budget monitoring, and organizational performance. It is recommended that pre-budgeting training sessions be communicated to all stakeholders to enhance active participation during budget planning and strengthen the budget monitoring units and supervisor support.
 Keywords: Budget planning; budget monitoring; health institutions; not-for-profit; performance.