Project Lifecycle
Surface, Nominate, Validate Problems
- Dialogue with financial institutions, FSTC staff, technology companies, government agencies, membership, other interested organizations
Vision, Clarify and Define Projects
- FSTC staff clarify project vision, requirements, plans/scope, and outputs: resolve concerns about interoperability and competition
Solicit Support, Gain Commitments
- FSTC staff, with early sponsors, campaign for commitments of support from among membership and throughout the community of interest
Initiate, Manage Projects
- Build project plans, create working groups, allocate accountabilities, convene teams, march toward deliverables, milestones
Propagate Results
- Document, publicize findings; provide equitable reward for participants (first mover, IP)
Foster Adoptions
- Move products to marketplace, keeping IP in public domain or -- if patented -- available through low-cost licensing
