The Risk Managers primary focus is on the management and coordination of the risk management function, ensuring that all elements of risk to the project are identified, analysed, reported and solutions/mitigations developed and implemented.
The main duties of a Senior Risk Manager is:
- Management and coordination of risk management to ensure effective project delivery to and to the highest industry standards, on time and within allocated budgets.
- Undertaking both qualitative and quantitative risk assessment to support informed and evidence based decision-making within the project.
- Perform QRA for cost and prolongation risk related to time activities.
- Building and promoting a risk-aware culture across the project which includes increase levels of awareness, understanding and commitment to risk management issues, facilitating risk workshops as required.
- Ensuring a program of individual and small group risk reviews and reports are completed to facilitate an accurate understanding of actual and potential risk exposures across the project and assisting in providing solutions and mitigations, including any required controls and actions.
- Completing risk reporting associated with monitoring project contingency and potential scope modifications made during the project.
- Updating the risk register to facilitate the management of the project risk profile.
- Providing subject matter expert advice to the project management team in relation to risk management.
- Coordinating and reviewing project status reporting and assisting with arrangements for key governance meetings.
- Supporting the project controls and contract management functions as required.
