Differentiate between a schedule and a budget

What will be an ideal response?

For efficient planning and management, managers use schedules to time the application of people, resources, and activities important for carrying out the organization's goals. A schedule is simply a plan for performing work or specifying the expected sequence of activities. Such a plan is useful for specific projects as well as the ongoing operation of a department.
A budget, on the other hand, is a quantitative description of the activities that are planned for the future. Budgets can be financial and long term in nature such as the capital budget where managers estimate the costs of selecting, purchasing, and installing new property, buildings, or major equipment that the company can use to pursue its purposes. Budgets also can be measures of productivity where the amount of production, the number of worker hours spent, or other elements are tracked on a daily, weekly, monthly, quarterly, or annual basis.