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Making a plan

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At this point, you should have a clear understanding of your goals, obstacles, and what blockchain options you have available.

Here’s a simple road map for building your project:

1 Explain the project to key stakeholders and discuss its key components and foreseen outcomes.

2 Write a project plan.This is a living set of documents that will change over the life of your project.

3 Develop the performance measurements, scope statement, schedule, and cost baselines.

4 Consider creating a risk management plan and a staffing plan.

5 Get buy-in and define roles and responsibilities.

6 Hold a kickoff meeting to begin the project.The meeting should cover the following:Vision for the projectProject strategyProject timelineRoles and responsibilitiesTeam-building activitiesTeam commitmentsHow your team will make decisionsKey metrics the project will be measured against

After you complete your project, you aren’t done! Go back and analyze your successes and failures. Here are some questions to ask yourself:

 Are my key stakeholders happy?

 Did the project stay on schedule?

 If not, what caused it to be delayed?

 What did I learn from this project?

 What do I wish I had done differently?

 Did I actually create new value for my company or save money?

You may want to return to this chapter when you have a deeper knowledge of blockchain technology and you’re developing a plan to build a project.

Cryptocurrency All-in-One For Dummies

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