Creating development plans

Plans show a brief overview of the significant goals and the work items for a release or an iteration of a development project. In a plan, you can view and manage work items and team loads for the plan. You can review progress in charts or progress indicators, and you can display at-a-glance information about a plan on its dashboard.
Note: In a scrum process, a release plan is called release backlog and a phase plan is called a sprint backlog.