specifies short-term objectives and resources for each unit in the organization. (See also Business Plan)

The company process of determining how to accomplish specified tasks with available resources, given a company's strategic plan.

The process of setting work standards and schedules necessary to implement the tactical objectives

The process of setting goals and targets and establishing measures constrained by and targeted for achieving the strategic and tactical plans. See: operational plan, strategic planning, tactical planning.

The most detailed planning level, referring to the immediate and short term, whereby the availability of many of the resources will be fixed.