STEP-1 Define the scope of the project.

• Defining the scope of the project will help ensure that all stakeholders have a clear understanding of the project's goals and objectives.
• The project's scope should be clearly defined in the project's charter or other governing document.
• The project's scope should be reviewed and approved by all relevant stakeholders.
• The project's scope may need to be adjusted as the project progresses and new information is uncovered.
• Defining the scope of the project upfront will help avoid scope creep and other issues down the road.

STEP-2 Research potential outsourcing partners.

• Make sure to research the potential partner's experience in NFT development and whether they have a strong understanding of the technology.
• It is important to enquire about the team size that would be dedicated to your project as well as their past project experience.
• Make sure to check if the partner has a good understanding of the play-to-earn model and whether they have implemented it before.
• It is important to get an idea of the development process that the potential partner uses and whether it is aligned with your vision.
• Finally, make sure to enquire about the pricing structure and whether it is flexible to accommodate your budget.

STEP-3 Select the outsourcing partner that is the best fit for the project.

• Consider the size and scope of the project.
• Consider the company's core competencies.
• Consider the company's financial stability.
• Consider the company's geographic location.
• Consider the company's past performance.

STEP-4 Negotiate the terms of the outsourcing agreement.

• Define the scope of work to be outsourced.
• Determine which party will be responsible for each task.
• Agree on a schedule of deliverables.
• Set a budget for the project.
• Negotiate terms for payment, ownership of intellectual property, and confidentiality.

STEP-5 Manage the outsourcing project effectively.

• Define the project scope and objectives clearly from the outset.
• Manage expectations with both the outsourced team and the internal stakeholders.
• Build a strong relationship with the outsourced team and ensure regular communication.
• Keep track of progress against milestones and deliverables.
• Be prepared to flex the scope and objectives as required during the project.

STEP-6 Evaluate the results of the outsourcing project.

• Was the project completed on time and within budget?
• Did the project meet the objectives and requirements that were set out initially?
• Was the quality of the work delivered up to standard?
• Did the outsourcing provider meet their obligations in terms of communication, reporting and project management?
• Would you use the same outsourcing provider again for future projects?