Developing the FIP Action Plan is a key step in the FIP process. Once the FIP scoping document has been shared with fishery stakeholders, it is recommended that a series of small, preliminary stakeholder meetings be held to ensure that the scoping document is accurate, and to validate stakeholder understanding, current activities, and commitments. As a follow-up to the stakeholder meeting, the FIP facilitator and the FIP coordinator work with the consultant to finalize the FIP Action Plan that was drafted at the stakeholder meeting. During the second stage, the stakeholders work together to prepare and complete a FIP action plan, combining the information and the results derived from the studies conducted in Stage 1, with stakeholder input and consensus. This stage includes: confirmation of project participants, participant meeting and development of the workplan. A workplan must include: objectives, a list of activities, responsible parties, timeframes, metrics and key performance indicators, and an associated budget. During this stage the workplan must be made public and the budget must be adopted by the participants.