The document discusses information system planning and management. It covers the following key points: 1) The overall responsibility of information system planning lies with the Chief Information Officer. The plan should be based on the organization's strategic plan. 2) The master plan consists of both long-range and short-range components. It includes an inventory of current capabilities, forecast of developments, and specific plans. 3) The master plan is reviewed by executives and integrated into the organizational plan after approval. It establishes information system policies and procedures.