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An action plan is a document used by companies and business to set steps that will be taken in order to achieve a specific goal. This plan will allow the company to determine what resources they will need to achieve their goal and how long it will take. An action plan can help to ensure that things are moving ahead according to schedule and that changes can be made as necessary.
An action plan should be created by the parties involved with the goal. This could include a project management team, a board of directors, or other employees. The action plan should be precise and current, meaning it can be updated as needed. Clear details should be included, such as specific dates, financial estimates, and the expected outcome.
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