What is the PPF strategy?

Past-Present-Future is a strategy that has been discussed widely, but I am yet to see clear and detailed instructions on how exactly one must apply this strategy for a variety of part two topics. The only available resources are from the British Council (for use by teachers) and from a blogger (not the very best example of English language in use, of course).
Neither of these really give you a full and usable breakdown of what a PPF answer would look like.

Like with all strategies, PPF is just another way to fully develop your spoken task answer. You do not need to use strategies to do well on the IELTS speaking exam, but they don’t hurt to use, especially for those that struggle with producing language verbally in an impromptu manner. Not everyone has access and exposure to the English language on a regular basis, and as a result, they might not have the opportunities to practice speaking and refining their manner of speech. This is where strategies come in handy.

Great! So how do I use it?

I should start with a word of caution: if you’ve taken the IELTS before and received a speaking score less than band 6.5, I would not recommend this strategy as it can be fairly complex. This is because you need to be very comfortable switching tenses while speaking, and you can only do that if your understanding of the verb tenses is accurate.

Here is a sample cue card topic:

Describe a conversation you had which was important to you.
You should say
-when the conversation took place
-who you had the conversation with
-what the conversation was about
and explain why the conversation was important to you.
(© Thomson IELTS Practice Tests)

 

As you’re aware, you need to speak for two minutes (but it is always better to go slightly over than to go under).
If you divide your speech, you should be able to devote roughly (not exactly!) 30 seconds each to the past, present and future. An additional 15 seconds are required for an introduction and 15 seconds for a conclusion. This is my structure for a task two answer using the PPF strategy:

Introduction – 15′
P – 30′
P – 30′
F – 30′
Conclusion – 15′

Note-making

If I break down the prompt and compress it into keywords and write a couple of notes, this is what I get:
(Remember that your notes are not used to award you a band score so they only need to make sense to you. These keywords will help you formulate sentences to form a coherent reply to the prompt.)

Past – What activities happened in the past?
This covers what the conversation was about, when it happened, who you talked to, why it was important. Note the words in bold are all in the past tense!

Present – Does this affect me in any way today?
My notes: right choices, feel fulfilled, doing what they advised

Future – Will this conversation from the past have any bearing on my future?
My notes: earlier success, won’t waste time, happy w/ career, visit them

What will these notes look like as a full Band 9 response? (Audio, video and text)