The Technology Planning Cycle Whether embarking on the initial stages of planning or revising an existing plan, the technology planning cycle can be broken down into distinct phases with unique steps, players, and outcomes. The Planning Cycle described here consists of four steps: building the technology plan, obtaining resources, implementing the plan, and evaluating the plan. At the end of this section, you will create your own checklist that outlines key steps and benchmarks of the Technology Planning Cycle. Whether you are charged with creating a new technology plan or revising an existing plan, this checklist can help guide you through the process.