Strategic plans are important for any business, and they are never really complete. Business owners should consider strategic plans living documents that direct the work of the organization but that are flexible enough to be modified as changes in the environment require shifts in direction for the organization.
Definition of springboard for Students. : a flexible board usually fastened at one end and used for jumping high in the air in gymnastics or diving.
Definition used by the ISA (International Society of Automation): A Material Take Off (MTO) is the process of analyzing the drawings and determining all the materials required to accomplish the design. We then use the material takeoff to create a bill of materials (BOM). Inspection does not aid in creating a bill of materials.