The construction and operation of a persistent forecasting system is a large and complex task. It is important to note that the creation of an ideal system is iterative and may take several years to perfect. System operators and sponsors must improve the system by installing processes to continually assess, audit, and evaluate its strengths and weaknesses. These assessments should be performed by both internal stakeholders and unaffiliated outsiders.
Persistent systems require continuing sponsorship and organizational support. Building and maintaining an ideal, open, and persistent forecasting platform will not be inexpensive. A professional staff is needed to build and operate it, and it requires a robust infrastructure, access to quality data, enabling technologies, and marketing to attract a broad range of participants. Consistent and reliable funding is critical to the successful development, implementation, and operation of the system.