Rail - Risk Analyst - East London

There is a requirement for a Risk Analyst to come onto the Crossrail project for at least 5-months in Stratford, East London.

Role Brief:

• The role of Risk Analyst will be to carry out quantitative risk assessment (QRA) for both schedule and cost to support all aspects of the Crossrail programme commissioning stages (1-5) and support functions including commercial, finance, cost and planning.
• The Risk Analyst will support the Crossrail head of risk management and risk managers at both Programme and project levels and take ownership of schedule and cost risk analysis.
• The Risk Analyst will produce reports and present the output of schedule and cost risk analysis and the impacts on specific Crossrail programme commissioning stages (1-5).
• Quantitatively analyse the risk exposure of threats, opportunities and issues that could affect the Crossrail programme commissioning stages (1-5).
• Check that risks are regularly reviewed by their owners and that risk information held on ARM is accurate and up to date, including inputting of data as required.
• Quantitatively model identified cost and schedule risks ensuring that Crossrail programme quantitative risk models are robust and auditable.
• Produce quantitative cost analysis of the financial risk exposure to the Crossrail programme Commissioning stages (1-5) based on the outputs of facilitated workshops.
• Produce quantitative schedule scenarios for risk exposure to the Crossrail programme commissioning stages (1-5) based on the outputs of facilitated workshops.
• Produce an integrated assessment of both cost and schedule ensuring the link between both has been reliably assessed.
• Coordinate, facilitate and provide support to industry partners and PDTs around the input of cost and schedule risk.

Skills & Experience Required:

• Numerate qualification to degree level, or equivalent training and experience.
• Risk management experience in a large engineering construction project.
• A good understanding of cost estimating and project planning techniques.
  • Experience and practical knowledge of project risk management and quantitative risk assessment techniques.
  • Facilitation experience and good understanding of facilitation techniques.
  • Experience of conducting schedule and cost risk assessment
  • Ability to produce risk models in @Risk and Primavera Risk Analysis (Pertmaster)
  • Experience with Active Risk Manager (ARM) or similar risk database.

• Ability to implement risk management processes and develop appropriate risk mitigation strategies.
• Experience in the use of computer software products (including Microsoft Word, Excel, PowerPoint, Visio and Access).