Utility companies face a perfect storm of rising infrastructure demands, aging assets, and strict regulatory scrutiny. From grid modernization to undergrounding power lines and expanding water systems, the pressure to deliver projects on time and under budget has never been greater. Yet, many still rely on fragmented systems and outdated forecasting methods — setting the stage for missed milestones and financial overruns.
A recent Deloitte study found that nearly 60% of utility infrastructure projects experience delays, and over 40% exceed their budgets¹. These aren’t minor hiccups; they ripple through rate cases, erode stakeholder trust, and stall critical resilience initiatives.
That’s why utility leaders are turning to AI-driven cost control solutions like Vitruvi.
Planning Smarter, Not Slower
Whether you’re deploying smart meters across a city, upgrading substations, or coordinating joint trenching across municipalities, utility projects demand precision planning and tight financial control.
Vitruvi’s AI-powered forecasting platform connects schedule, cost, labor, and field data in one unified system — allowing project managers to:
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Identify where timelines are slipping before they break the budget
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Simulate impacts of permitting or procurement delays on phase-level financials
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Instantly recalibrate schedules when outages or environmental factors arise
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Set dynamic budget thresholds that adjust based on regional variables or vendor rates
Turning Field Chaos into Forecasting Clarity
Traditional project reporting in utilities is often lagging and linear: field updates are compiled manually, reviewed intermittently, and acted on too late. Vitruvi flips this script.
With real-time data collection from the field via mobile devices, every foot of trench laid or transformer installed updates the broader cost model instantly. This empowers utility teams to:
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Cut rework and change orders by identifying risks earlier
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Improve transparency with regulators and finance teams
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Link actual progress to capital spend and ROI metrics
Aligning Cost Control with Public Expectations
Utilities don’t operate in a vacuum. Customers, regulators, and city partners expect transparent, predictable execution. As one utility program manager noted, "When we’re asking for rate increases, we can’t afford to look surprised by our own budget variances"¹.
Vitruvi helps avoid that fate by delivering forecasting tools built for the real-world complexity of utility work. From underground fiber to multi-year grid hardening efforts, Vitruvi supports utility-scale coordination and accountability at every level.
Built for Modernization and Resilience
Whether you’re pursuing federal infrastructure funding, executing climate resilience plans, or replacing 20th-century equipment with 21st-century networks — the stakes are too high to leave forecasting to chance.
Want to future-proof your utility capital projects with AI-powered cost controls? Explore the Vitruvi Control platform.
Sources:
1. Deloitte – "Capital Projects in Utilities: Investing in the Future" (2021)
