Which of the following about planning for systems development is false?
◦ Project plans are developed for each new system and each system modification. Then, these project plans are combined together to form the master plan.
◦ A project development plan includes an economic feasibility analysis and a schedule of activities.
◦ The master plan identifies system goals, who will develop the system, and the resources that will be needed.
◦ The master plan includes details about organizational goals, existing systems and resources, projects being conducted, and predictions of future needs and requirements.