Job Description
This will involve overseeing and being a subject matter expert in Project Risk Management Procedures and developing an effective Risk Culture.
The Project Risk Manager will co-ordinate & monitor risk inputs from the portfolio of programmes, assessing data sets, performing analysis and generating evidenced reports for senior management, enabling informed decision making associated with effective mitigation planning.
Key responsibilities of the Project Risk Manager:
1. Identify and support appropriate Risk and Action Owners
2. Manage the identification of risks (Threats and Opportunities)
3. Manage the evaluation of Risk Exposure (Probability and Cost, Schedule and Performance Impact)
4. Advise on appropriate treatment strategies for risks
5. Support development of treatment action plans, ensuring they are time bound
6. Work with Project Managers to ensure treatment actions and contingencies are costed into the schedule
7. Analyse the post treatment residual risk value using Monte Carlo analysis
8. Manage progress of treatment action plans
9. Support the contingency setting and management process, including compliant release of contingencies
10. Preparation of risk data for project reviews and corporate reporting
11. Update and ensure the accuracy of the risk data within the risk register or system
12. Deliver scenario analysis a...