Meaning – An Action Plan is a proposed strategy or course or action. Usually, when there is an objective for target to achieve for an organisation, they task their project managers to come up with a plan. Now, a plan is obviously the conventional route, but when there is a specific objective to achieve, the approach that project managers take is to come up with an action plan.
The action plan is basically a a document that documents the project. It is a detailed list of the work that must be done to complete the goal of the project. It also states all the resources required to complete the project successfully within the stipulated timeline.
In an action plan, you not only figure out tasks and the timeline to achieve them, but you also determine who you’ll assemble for your team to work on those tasks.
Example of usage – “The project manager was tasked with creating an action plan to achieve an urgent short term goal for the company”.