The conversion plan is a methodology used to change data from one framework to another software or hardware environment. It includes the source and target data components, metadata, schema, and a list of all self-representing documents and cross-references. The conversion process involves data extraction, change, and loading for every data source, with tools expected to execute the conversion and strategy for data quality control and assurance. The plan is crucial for new individuals in the movement of information from the present information database, which frequently requires changes in data positions.