action plan

Popular Terms
A sequence of steps that must be taken, or activities that must be performed well, for a strategy to succeed. An action plan has three major elements (1) Specific tasks: what will be done and by whom. (2) Time horizon: when will it be done. (3) Resource allocation: what specific funds are available for specific activities. Also called action program.

Use 'action plan' in a Sentence

"Yes, " the accountant agreed, "Not lighting your cigar with that stack of twenties, and putting it in the bank instead is definitely an action plan I can endorse --- after my fee, of course."
20 people found this helpful
You should always have a good action plan in place if you want to be able to handle any problem that arises.
19 people found this helpful
Our action plan was absolutely terrible and I knew we would be killed immediately after moving from where we were.
18 people found this helpful

Notable Quotable

Potential in Life
"Both in physics and in life, having potential means nothing until it turns to kinetic energy."
- Siam Luu

Email Print Embed

Mentioned in These Terms