MASTER Risk Model - Learning Resources - Abilities

Financial Management

Review your last month’s spending as a student entrepreneur and identify one cost to cut this week.

Set a weekly reminder to check balances for your personal and venture-related accounts.

Create a simple spreadsheet to track three recurring costs and update it daily for one week.

Categorize five recent expenses as fixed or variable to better understand your student budget.

List your top three recurring costs and brainstorm one way to improve efficiency.

Review one past purchase or payment—check for errors or unnecessary spending.

Project Management

Make a list of all active projects—note deadlines, owners, and your next three actions.

Clarify one unclear responsibility in your project—ask a direct, simple question today.

Create a checklist for your next deliverable, breaking it into 3–5 small steps.

Block 30 minutes this week to update your project status in your tracker or planning tool.

Send a single-sentence project update to your professor or team—practice clear communication.

Choose one overdue task and push it forward by doing 15 minutes on it today.

Change Management

List one upcoming program change and write down its expected impact on your venture in one sentence.

Identify one habit in your daily routine that could help you adapt faster to shifting priorities.

Ask a peer how they’re feeling about a recent change in workload—just listen without fixing it.

Choose one small change you’ve been resisting and take the first 15-minute step to move forward.

Review your last experience with change and write down what helped you adapt successfully.

Check your team’s communications for one unclear or inconsistent message about a recent change.

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