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Rail - Risk Analyst - East London

  • Location

    Stratford, London

  • Sector:

    Rail & Civil Infrastructure

  • Job type:


  • Salary:

    Up to £0.00 per annum

  • Contact:

    Rosie Wilkinson

  • Contact email:


  • Job ref:


  • Published:

    almost 3 years ago

  • Expiry date:


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).