Author: Orakwue Ifeoma Chinyere
Department: Educational Management and Policy
Affiliation: Nnamdi Azikiwe University Awka

This study investigated principals’ application of cost benefit analysis on projects (infrastructure / facilities) in government-owned secondary schools in Anambra state. It was noticed that some secondary schools in Anambra State have infrastructural problems and poor learning environment which is feared will impact negatively on standard of education. Five research questions and four null hypotheses guided the study. The population of the study comprised the two hundred and fifty-four principals of public schools. The instrument used for data collection was a six-section structured questionnaire of twenty-one items based on the components involved in the five-step cost benefit analysis. It was validated by two experts in the Department of Educational Management and Policy and an expert in Measurement and Evaluation. Cronbach alpha was adopted in establishing the reliabilitry of instrument. At the end, sub-sections A, B, C, D and E have values of 0.97, 0.94, 0.95, 0.94 and 0.77 respectively. The overall alpha value is 0.91. Mean scores and standard deviation were used to answer the research questions while t-test was used to test the four (4) null hypotheses at 0.05 level of significance. The study found among others: that principals applied the five components of cost benefit analysis studied; that experience of the principal and location of school impact on application of cost benefit analysis on projects in secondary schools in Anambra State; but gender and academic qualification did not. Based on the findings these recommendations among others were made: Government should fund seminars / workshop locally and internationally, from time to time to keep the principals abreast the CBA application. This will enhance specialization as well as introduce new principals to CBA application; Principals should be empowered officially to act on decisions they initiated about projects in their schools.

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