Question

1. Prepare a risk management plan for the project of finding a job after graduation.

and

2. Develop a reward system for motivating IPT members to do their jobs more conscientiously and to take on more responsibility.

Answer 1

RISK MANAGEMENT PLAN Project Title: to find job after graduation Date Prepared: 19/02/2020 Methodology Prepare a Compact resume that can connect to various employers and consultants. To find the job after graduation, candidate need to connect with their placement coordinator and they need to send their profiles or resume to various job consultant and related organization, They will be focusing on skills and expertise improvement program and join various training program. Roles and Responsibilities Here, candidate will be performing for their college classes and they will be working on gathering skills, expertise as needed for job market. Risk Categories Risk categories could include like Issues with Job market, Economic conditions, Issues with Job profile, Organizational business situation, Candidate passionate on something but comes with limited career scope

RISK MANAGEMENT PLAN Risk Management Funding Fund amount could be up to $2000 to manager various risks Contingency Protocols For all necessary identified risks, candidate need to keep contingency research and do discussion with market experts, those can help to move their career with getting better Job profile.

Frequency and Timing They should review associated risk periodically like weakly or every couple of days Stakeholder Risk Tolerances Candidate will have limited tolerances for each risk like not getting job in market in appropriate time, hence, they require early planning to receive job on time. Tracking and Audit Candidate must do review and check job market status and they should take advice from experts about how to place their career in appropriate job arena.

The reward system could include various plan that can motivate IPT members to do their jobs more conscientiously and to take on more responsibility, those are as stated below:

• They can be issues performance excellence certificate for achieving their job targets with best efforts,
• They can be given Incentives or extra pay out based on achieving organizational job targets.
• They can be given consistency bonus based on performing continuously over days.
• They can be issued gifts, organizational leadership team should take initiatives that will award gifts during celebration time.