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Planning terminology-mission: it is a broad enduring statement giving the organizations reason for being. objectives-:are desired future positions and destinations the organizations intends to reach in order to fulfill its mission. Strategies-its a general direction in which an objective is to be sought . Policies-is a general guideline that directs and constraints decision making within an organization.
Stage-4
Nolan has described this growth stage as maturity or integration stage as by this stage organizations gain sufficient experience and maturity in IS/IT applications. In this stage, applications are integrated ,controls are adjusted. Planning is well established and so, we call this stage as the stage of perfection also.
3.Resource allocation
A) Return on investment B) Charge out C) Portfolio approach D) Steering committees
4.Project planning
A)milestones B)critical path method C)gantt chart