1. A steering committee guides and oversees systems development and acquisition. 2. A strategic master plan is developed and updated yearly to align an organization’s information system with its business strategies. It shows the projects that must be completed, and it addresses the company’s hardware, software, personnel, and infrastructure requirements. 3. A project development plan shows the tasks to be performed, who will perform them, project costs, completion dates, and project milestones—significant points when progress is reviewed and actual and estimated completion times are compared. Each project is assigned to a manager and team who are responsible for its successor failure.