Part of the Business terms glossary:

An action plan is a document that lists what steps must be taken in order to achieve a specific goal.

The purpose of an action plan is to clarify what resources are required to reach the goal, formulate a timeline for when specific tasks need to be completed and determine what resources are required.

In project management, a well-developed action plan can serve as a blueprint for the project manager to break a large project down into smaller, more manageable SMART (Specific, Measurable, Attainable, Realistic and Time-based) goals.

See also: business continuity action plan, project planning

This was last updated in March 2013
Posted by: Margaret Rouse

Related Terms

Definitions

  • revenue recognition

    - Revenue recognition is a tenet of corporate financial management that defines when a company officially accounts for revenue. (searchFinancialApplications.com)

  • two pizza rule

    - The two pizza rule is a guideline for limiting the number of attendees at a meeting. According to the rule, a meeting should never have so many attendees that they could not all be fed with two piz... (WhatIs.com)

  • driver-based planning

    - Driver-based planning is an approach to management that identifies an organization's key business drivers and creates a series of business plans that mathematically model how those things most nece... (WhatIs.com)

Glossaries

  • Business terms

    - Terms related to business, including definitions about project management and words and phrases about human resources, finance and vertical industries.

  • Internet applications

    - This WhatIs.com glossary contains terms related to Internet applications, including definitions about Software as a Service (SaaS) delivery models and words and phrases about web sites, e-commerce ...

Ask a Question. Find an Answer.Powered by ITKnowledgeExchange.com

Ask An IT Question

Get answers from your peers on your most technical challenges

Ask Question

Tech TalkComment

Share
Comments

    Results

    Contribute to the conversation

    All fields are required. Comments will appear at the bottom of the article.