This is a Contract
position in Toronto, ON
posted January 21, 2025.
(Internal Title: Risk V)
Lead the implementation and management of risk management services per the mission and goals of projects and programs from inception through to completion
Organize and facilitate Project risk workshops and meetings focusing on identifying risks to both Project and Program objectives
Own and manage the project Risk Register
Lead and direct the development of the Risk Register through active collaboration with the client and the contractor
Oversee for risk management analysis, mitigation planning, and status reporting
Manage the integration of risk items into the schedule and project costing
Regular interface with Project Controls team to ensure risk items are properly captured in controls and reporting
Lead risk workshops with Contracting Authority
Work with internal and external stakeholders to promote joint risk evaluation with contractors to establish a basis for risk transfer and risk sharing
Report and update, on a monthly basis, high and critical risk elements
Ensure that work is fully supported from a consulting standpoint in an integrated, compliant, efficient, and cost-effective manner
Finalize the budget and operating or delivery plan for the risk management services in consultation with the project or program team and client
Review changes and interventions to ensure risk management service goals are achieved on the project or program
Facilitate various project focus or function meetings with a spotlight on service initiatives
Plan for and meet with stakeholders (including senior management and sponsors) to streamline transparent project communications
Direct the production of accurate and timely reporting of project or program status and performance throughout its life cycle
Control the delivery of and adherence to the operating or delivery plan scope, schedule, milestones, budgets, and KPIs on the project and address issues with corrective actions as appropriate
Finalize and sign off on progress reports, proposals, and presentations to various audiences, including team, client executives, and key stakeholders
Develop risk breakdown structure aligned with project WBS and CBS
Prepare risk training materials and train the project team on the principles of risk
Stay abreast of market trends and implement process improvements or efficiencies
Evaluate risk registers at the project and program level, ensuring quality standards are met
Perform quantitative cost and schedule risk analysis using Risk Management software (e.g. Oracle Primavera Risk Analysis, Acumen Risk, etc.) and provide the interpretation of results (e.g. Distribution S Curve Graph, Sensitivity Analysis Tornado Chart and Deep Dive Schedule Logic)
Follow up with risk owners to ensure the mitigation actions are on track, including escalation where required
Review contractor progress reports and identify the risks impacting project cost and schedule and reflect them in the risk register
Work closely with scheduling to prepare a high-level schedule (or assess detailed schedules) to be used for quantitative schedule risk analysis and define the link between risks, duration uncertainties, and schedule activities