Abstract: This study entitled the effect of funds management on project performance in Rwanda. The general objective of this research is to assess the effect of funds management on project performance in Rwanda. Specific objectives were to analyse relationship between budgeting and project performance in Rwanda; to determine the influence of fundraising on project performance in Rwanda; to determine the effect of funds allocation on project performance in Rwanda; and to analyse the effect of funds control on project Performance in Rwanda. This research was a descriptive-correlational design and used both qualitative and quantitative research approaches. The population of this study was 91 employees. Questionnaires were used in this study as data collection instruments. Descriptive statistics were used to determine frequencies and percentages of respondents, while regression analysis and Pearson correlation coefficient were used to establish relationship between variables under study. The Statistical Packaging for Social Sciences version 16was used in this study. The researcher found that there is a positive relationship between funds allocation and project performance in Rwanda, there is a positive relationship between funds control and project performance in Rwanda, there is a positive relationship between budgeting and project performance in Rwanda, there is a positive relationship between fundraising and project performance in Rwanda. The study also found that the regression analysis equation is projects performance (Y) = -0.274 + 0.178* budgeting + 0.635* fundraising + 0.136* funds allocation + 0.583* funds control. This implies that the transition from managing projects requires more focus on budgeting, fund raising, funds allocation and funds control. Based from the discussion, it is concluded that, budgeting, fundraising, funds control and funds allocation plays a big role towards performance of the project. The techniques used during this process of budgeting are sup