the state or condition of having little or no money, goods, or means of support; condition of being poor. Synonyms: privation, neediness, destitution, indigence, pauperism, penury. Antonyms: riches, wealth, plenty.
Part of the Business terms glossary: An action plan is a document that lists what steps must be taken in order to achieve a specific goal. The purpose of an action plan is to clarify what resources are required to reach the goal, formulate a timeline for when specific tasks need to be completed and determine what resources are required.
The two are not related whatsoever. An action plan are mainly for employees to enhance their performance and work habits while working on a project. Action plans are usually written by direct supervisors. A project plan is a formal document that will guide the project through its execution and control.