As a utility manager, for a utility project, budget and schedule are quite important for its success. It contains the cost of construction and design while considering its long operating life as a vital aspect. It would take more than 2-5 more years to settle on a design, while finalising detail, building and preparing the asset for use. Focus on more than just meeting the original budget and schedule to the extent that will hurt the later revenue and profit-producing stage of operations. That's the reason why we’ve to focus on budgeting and scheduling as essential components for success.