A Strategic Plan is the outcome of the strategic planning process. A Strategic Plan describes a set of investment choices and expected outcomes and associated metrics. It is intended to provide a viable path by which the executive strategy guidance can be realized. The investment choices are often based upon coarse-grained decision unit designed to be more representative of investment themes than of individual investments. The Strategic Plan is typically not fine-grained enough to be executable. Instead, it is used as input to and guidance for the business planning process. A Strategic Plan typically covers a 5- 20 year time frame.