Project Risk Specialist

Key Responsibilities

• Identify, assess, score, and document project risks for capital and non-capital projects.
  • Perform quantitative risk assessment modeling, including Monte Carlo simulation techniques.
  • Analyze cost and schedule risks and quantify potential impacts to project delivery.
  • Develop, maintain, and quality-check project risk registers and supporting documentation.
  • Recommend improvements to risk management procedures, templates, reporting, and analytical processes.
• Risk Assessment Planning and Preparation
  • Compile and review project documentation, including engineering design reports, construction cost estimates, and project schedules.
  • Plan risk assessment activities in alignment with project authorization requirements and project delivery milestones.
  • Cook stakeholder to define workshop participants, subject matter experts, and assessment team composition.
  • Develop work plans, schedules, milestones, and deliverables for risk assessment activities and reporting.
• Cost and Schedule Validation
  • Independently review project scope, cost estimates, and schedules for completeness, consistency, and reasonableness.
  • Validate alignment among scope, cost, schedule, assumptions, and supporting technical documentation.
  • Facilitate coordination sessions with Authority staff to confirm assumptions, inputs, and risk model parameters.
  • Develop or refine Primavera P6 schedules, as needed, to support risk modeling and schedule risk analysis.
• Risk Assessment and Mitigation
  • Organize and facilitate risk assessment and mitigation workshops with project stakeholders and subject matter experts.
  • Elicit and document risk likelihood, impact, root causes, triggers, assumptions, and potential responses.
  • Facilitate risk scoring, contingency development, and prioritization of cost and schedule impacts.
  • Present risk analysis results, mitigation options, and recommendations in clear, decision-ready formats.
• Reporting, Documentation, and Lessons Learned
  • Prepare draft and final Project Risk Assessment Reports, including executive summaries, project descriptions, workshop assumptions, risk registers, modeling outputs, contingency results, findings, and recommendations.
  • Deliver electronic and hardcopy reports, along with supporting models compatible with @Risk, Primavera Risk Analysis, and Primavera P6.
  • Facilitate lessons learned workshops and prepare reports documenting issue background, successes, challenges, impacts, lessons learned, recommendations, and corrective actions.
  • Support publication of lessons learned and ongoing continuous improvement of Authority risk management practices.

Required Qualifications

• Bachelor of Science degree in Engineering, Accounting, Economics, Business Administration, or a related field; or Project Management Professional (PMP) certification with a technical degree.
• Minimum of three (3) years of experience performing project risk assessments.
• Demonstrated experience facilitating risk assessment workshops, performing risk analysis and modeling, and preparing risk assessment reports.
• Strong understanding of project risk management and project management principles.
• Experience supporting capital, infrastructure, transportation, aviation, facilities, or similar project environments.
• Ability to obtain a SWAC ID and associated security clearances upon hire.

Preferred Qualifications

• Five (5) to ten (10)+ years of project risk management experience, including risk assessment, modeling, reporting, and workshop facilitation.
• Experience supporting large, complex infrastructure programs or public agency capital programs.
• Experience supporting Port Authority or similar agency projects.
• Experience contributing to program-level risk management process improvements.
• PMI Risk Management Professional (PMI-RMP) certification.