MASTER Risk Model - Learning Resources - Situation

Financial

Review your last three major expenses, identify one that could be reduced or renegotiated quickly.

List all active departmental subscriptions, cancel or downgrade one that’s not aligned.

Create a simple one-month budget forecast, include fixed and flexible departmental expenses.

Set a weekly reminder to review cash flow or budget status, even a five-minute check helps.

Reallocate 10% of discretionary spend to the most impactful initiative this week.

Set a simple reserve target for your department’s quarterly budget.

Technological

List all platforms your team uses, highlight one underused or outdated tool to replace or retire.

Clean up your shared digital workspace, archive files or tools that no longer add value.

Host a short tutorial for a tool your employees struggle to use effectively.

Identify one manual task the team could automate with existing software, start implementation.

Activate one overlooked feature in a tool your team already uses.

Review your software list, cancel or consolidate overlapping platforms.

Physical

Check your workspace or meeting areas, make one small change today to improve focus or comfort.

Take stock of office supplies or shared assets, remove or donate anything unused recently.

Identify one piece of equipment that slows your team down, upgrade, fix, or replace it.

Label or organize shared resources to reduce confusion and speed access for everyone.

Reset and tidy your department’s shared workspace, note how it affects tomorrow’s start.

Post clear signage or guides near shared resources to improve access and reduce confusion.

MASTER Risk Hub