
402 ◾ Information Systems: What Every Business Student Needs to Know
PMs develop plans that lead to the desired result, at the scheduled time, using the planned
resources. To do this, they break projects into steps as called for by the development method
to be used, estimate the time each step will take, and analyze the order in which steps must
be carried out. Once the plan is accepted by the IS steering committee, the PM moni-
tors progress against it, reports project status to the steering committee, takes corrective
actions if the project deviates from its plan, and alerts the steering committee if the needed
corrective actions exceed ...