Capability-Based Planning (CBP) defines a framework that has an all-encompassing view of existing abilities and future needs for strategically deciding what is needed and how to effectively achieve it. Both business and government acquisition domains use CBP for financial success or to design a well-balanced defense system. The definitions understandably vary across these domains. In this SEI podcast, Anandi Hira, a data scientist, and William R. Nichols, an initiative lead for Software Engineering Measurement and Analysis, introduce CBP and its use and application in software acquisition.