From Idea to Execution: A Step-by-Step Guide for Crypto Project Managers

Maximize Your Crypto Project’s Potential with These Proven Planning Techniques

A project is a temporary endeavor to create a unique product, service, or result.

Table of Contents

Create a Detailed Project Plan

Trains ride on tracks, projects ride on tasks.

Making Detailed Project Plans

Clear goals, measurable results

Clearly define the project’s goals and objectives to carve out a path for yourself, your team, and project stakeholders to follow to success.

“If you don’t know where you are going, you’ll end up someplace else.” — Yogi Berra

Although it doesn’t come naturally, the limited scope of S.M.A.R.T. goals, objectives, or tasks makes it more likely that you and your team will be able to deliver on time and on budget.
By setting clear goals, establishing a plan, and staying organized, you can effectively manage any project.
Effective communication with stakeholders helps you secure buy-in, support, and resources for your project.

Project Management Framework Selection

Identifying and managing risks

Taking a step back to see your project from afar can make it easier to understand where risk hides.

Creating a strong team

Your team is the project’s lifeblood, they must be competent and willing to take action with you.

“A bird in the hand is worth two in the bush” — proverb

Communicate regularly with stakeholders

Invite stakeholders to periodically join you in reviewing the state of the project. This will ensure that you are on the same page as stakeholders and help identify problems earlier in the project development cycle.

Monitoring progress and adjusting

As a project manager, you need to be aware how the key parts of your project progressing. At all times, you need to know if you are heading in the right direction or if you need to pivot to hit the deadline.

Stay up to date with the industry

Project managers continually absorb industry information, books, concepts, ideas, methodologies to better themselves and their team.

Seek out new opportunities and partnerships

Dedicate time to explore the unknown, to meet with like-minded projects in the industry and to create partnerships for mutual support.

Be transparent and accountable

Especially on big projects, you will have a large number of stakeholders and team members. You need to position youself as somebody that is a truthbearer for the project.

Prioritize security

Cryptocurrency projects are extremely vulnerable to exploits and software bugs, you need to be a guardian of your community and team by ensuring that proper steps have been taken to secure the infrastructure.
Take time to think and reflect on your project’s past, present, and future. Do your best to anticipate future challenges and if possible prepare for them ahead of time.

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Courses and Structured Learning

Other reading

Project Management Book List

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Zoran publishes a blog post on Medium every day. He writes about whatever is relevant in his mind on the day he writes. Follow to get updates.

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Zoran Spirkovski

Zoran publishes a blog post on Medium every day. He writes about whatever is relevant in his mind on the day he writes. Follow to get updates.