Risk Assessment, Risk Identification, Risk Mitigation. Lead the identification of risks on behalf of the Project Manager, providing experience-based independent challenge to the project team and stakeholders.
Requirements
- Provide Risk Management professional advice to Project and Programme Managers.
- Apply risk management processes and systems.
- Lead the retrieval and analysis of background information from Project and Programme Managers/project documentation, its environment and lessons learnt from previous related projects.
- Research into projects key stakeholders prior to risk workshops to inform the capture of appropriate Risks.
- Organise and facilitate risk workshops with all relevant team members and external stakeholders to ensure effective contributions to the forming of the risk register.
- Capture all risks to the appropriate level of detail, applying a range of techniques, such as brainstorming workshops, prompt lists, Delphi techniques and one to one interview.
- Ensure all required information is captured clearly and unambiguously within the Risk Register, including owners, actions, dates, categories. assumptions and risk mitigation actions, as defined in the Risk Management Procedures.
- Administration responsibility of risk management database.
- Define the project or programme risk appetite to determine the risk tolerance level in relation to project overall cost and using your own professional judgement establish whether a risk should be assessed quantitatively/ qualitatively.
- Carry out complex project and programme Quantitative Cost Risk Analysis (QCRA) and Programme Schedule Risk Analysis (QSRA) using industry recognised risk analysis software to ensure suitable project budget and a deliverable project schedule is established.
- Review QRA model outputs and provide recommendations to key stakeholders and the project team on the significance of the potential delays and/or cost increase.
- Be the risk technical specialist actively contributing to relevant working/steering groups.
- Identify and report risk trends and highlighting the top risks (Critical and High) to project delivery. Actively review and monitor those risks to reduce the overall risk profile.
- Work to tight deadlines and timescales, resulting from significantly changeable priorities, producing quality, complex reports and analyses based on risk and issues relating to each Project.
- Prepare and lead on periodic reports to inform others, including the production and update of Risk Management written reports and provision of any associated information in a timely manner, to meet the wider project reporting and management requirements, ensuring quality outputs.
- Close liaison with Project Managers of any outstanding risk management activities undertaken by them to ensure risk is managed effectively on their projects.
- Actively input into the continuous improvement of the Risk Management Department.
Benefits
- Generous Paid Time Off
- 401k Matching
- Retirement Plan
- Health, Safety and Wellbeing
- Inclusivity and Diversity
- Hybrid Working Module
