Gblcareers

Purpose
To contribute to the delivery and maintenance of standard, consistent and realistic risk management plan, system and register for each project, as well as conducting probabilistic cost and schedule risk analyses.

Accountabilities

• Establish and maintain risk management system: Sound understanding of and ability to apply both qualitative and quantitative Risk Management theories, tools and techniques. Identify appropriate responsible parties for risk ownerships and allocate register entries. Structure and populate the risk management tool, enable user training and establish/implement the process for regular status reviews.
• Assist in performing Probabilistic Cost & Schedule Risk Analysis- Build simplified project schedule model, map the Technical, Economic, Commercial, Organisational and Political (TECOP) parameters and Opportunity/Risk Register entries to the model elements, and quantify these impacts into duration/ cost ranges (jncluding the unknown unknowns). Assess and establish appropriate probability distributions for each element. Analyse and iterate the model output and develop overview presentation material to explain the results and key schedule risk areas.
• Develop overview reports of risk/opportunity status for management. implement and manage risk management plans utilizing Company’s risk management standards
• Maintain and manage risk registers. Present risk management status to Project Leadership Team & generate monthly risk management reports
• Interface with project team members to discuss and challenge risk status and close out references.
• Interpret and explain Cost Schedule & Risk Analysis output to Project Leadership and Review teams