There is no right or wrong way to cut out, it’s all personal preference.
Try different methods and see what works for you. Whatever gives you
a fair and dimensionally accurate outline.
I look at a blank and check for twist or crooked stringer, then draw up
with the pencil line to the inside (barely) of the dims, right on the skin.
I cut with a Milwaukee jigsaw and 12 tpi blade, as close to the line as
I can. Then I true with the planer; blank weighted flat on rack and planer at 90
degrees, just nicking the high spots at first, working to almost full length
micro-cuts. Then I finish the ends with #40 block. The crisp edge of the blank’s
skin top and bottom seems to kinda help to fair the line for me. When I’m
done I want to still see my pencil line, but barely. It’s important to measure
and get yours dims spot-on at this point.
If you don’t have a lot of experience, keep your cut a little farther from the line.
You’ll get better with practice!
I know world-class shapers who do it totally different. Some shape the blank first,
then the board. Some cut with handsaws, some with routers.
Mike