Project Risk Specialist (Construction)

ITnova

$90K — $120K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering, Accounting, Economics, Business Administration, or related field.
  • 5+ years of experience in construction risk management.
  • Experienced in facilitating risk assessment workshops and conducting risk analyses.
  • Proficient with Lumivero @RISK Add-In for Microsoft Excel (8.9 or later preferred).
  • Familiar with Oracle Primavera Risk Analysis (8.7 or later preferred).
  • Strong grasp of project controls and risk mitigation strategies.

Responsibilities

  • Identify and assess project risks for construction projects.
  • Facilitate risk assessment workshops as directed by the Authority.
  • Compile project risk information such as design reports and cost estimates.
  • Conduct qualitative and quantitative risk analyses, including Monte Carlo simulations.
  • Model project risks and their impacts on cost and schedule.
  • Develop and maintain project risk registers and documentation.
  • Prepare detailed risk assessment reports and presentations for stakeholders.
  • Recommend enhancements to risk assessment methodologies and procedures.

Benefits

  • Medical, Dental & Vision benefits
  • Company paid life insurance
  • 401k retirement plan
  • Paid time off
  • Paid holidays
Full Job Description
Project Risk Specialist

ITnova is seeking a qualified Project Risk Specialist (Construction) to provide comprehensive risk management support services for the Port Authority of New York and New Jersey. The successful candidate will possess demonstrated expertise in construction project risk management, including facilitation of risk assessment workshops, development of qualitative and quantitative risk models, cost and schedule risk analysis, and preparation of formal risk assessment reports utilizing industry-standard tools, methodologies, and best practices.

Required Qualifications

  • Bachelor of Science degree in Engineering, Accounting, Economics, Business Administration, or a related field.
  • Minimum of five (5) years of demonstrated experience in construction risk management.
  • Proven experience facilitating risk assessment workshops, conducting qualitative and quantitative risk analyses, and preparing formal risk assessment reports.
  • Hands-on experience using:
  • Lumivero @RISK Add-In for Microsoft Excel (Version 8.9 or later preferred)
  • Oracle Primavera Risk Analysis (Version 8.7 or later preferred)
  • Experience analyzing and integrating cost and schedule risks associated with construction and infrastructure projects.
  • Strong understanding of project controls, risk mitigation strategies, and construction project delivery processes.


Key Responsibilities and Duties

  • Identify, assess, evaluate, and score project risks associated with capital and non-capital construction projects.
  • Organize and facilitate project risk assessment and risk migration workshops as directed by the Authority.
  • Compile and review project risk information, including engineering design reports, construction cost estimates, project schedules, and related project documentation.
  • Perform qualitative and quantitative risk analyses, including Monte Carlo simulation modeling, to evaluate project cost and schedule exposure.
  • Analyze and model individual project risks and associated impacts to both cost and schedule performance.
  • Develop, maintain, and update project risk registers and supporting risk documentation.
  • Prepare comprehensive risk assessment reports and presentations documenting findings, conclusions, and recommTraining reimbursement
  • endations.
  • Recommend and support implementation of improvements to the Authority's risk assessment methodologies, procedures, and reporting processes.
  • Provide risk management training, guidance, and mentoring to project stakeholders and team members as appropriate.
  • Utilize industry-standard risk analysis tools, including Lumivero @RISK and Oracle Primavera Risk Analysis, to support project risk evaluations.


Knowledge, Skills, & Abilities

  • Construction Project Risk Management
  • Risk Identification, Assessment, and Mitigation Planning
  • Cost and Schedule Risk Analysis
  • Monte Carlo Simulation Modeling
  • Risk Workshop Facilitation
  • Project Controls and Schedule Validation
  • Technical Reporting and Documentation
  • Stakeholder Coordination and Communication
  • Proficiency in Microsoft Excel and Primavera-based risk analysis tools

**This position is contingent upon award**

Work Location
  • On-site - Jersey City, NJ

Benefits:
  • Medical, Dental & Vision benefits
  • Company paid life Insurance
  • 401k
  • Paid-time-off
  • Paid holidays


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