To make this project easier, you can have your ply project panel pre-cut to size at your local Bunnings. We had ours cut to 900mm x 600m for the backboard. We also used the offcuts for the shelves.
Mark out a grid on the ply for your dowel positions. We laid our grid out in 100mm squares. Then use a level to draw the lines for the grid formation. The intersecting points on the grid are where you will drill for the pegs.
Clamp the ply to the workbench. Use the 19mm spade bit to drill into the intersections on the grid for your pegs. A good tip is to drill only until the spade bit pierces the other side, then turn the board over and complete the holes. This will stop the ply from getting damaged and give you a nice finish.
Next you'll need to make the pegs for your board. We made our pegs 115mm long but you can make yours any size you like. Use the drop saw to cut the dowel where you've marked. Make sure you're wearing your safety equipment when using the drop saw.
We made our shelves the same width as the pegs when they're inserted into the backboard. We had two shelves that measured 600mm x 95mm and one at 450mm x 95mm. After measuring and marking your ply, clamp it to the workbench and cut it with the circular saw.
Give everything a light sand to remove any rough edges. Use the orbital sander with a 120 grit pad on the backboard. Then sand the edges of the ply and dowel holes by hand with 120 grit sandpaper.
Now you can customise your pegboard by placing the pegs wherever you like. Insert the dowel for the shelves and use a hammer to tap them in. You can also add some other pegs to use as hangers. We left our pegboard natural but you can paint or stain yours to match your décor.
Now you can find a place for the pegboard shelf and insert the shelves into position. Then fill the shelves and pegs with whatever you want and you're done. You've got a simple and stylish solution to help declutter your life, and the great thing is that you can change the layout of the pegboard to suit your needs.