Key accountabilities:
To contribute to the delivery and maintenance of a standard, consistent and realistic risk management plan, system and register for the project. They will be responsible for reporting Project Performance to project stakeholders. Accountabilities can be summarised as follows:
* Provide contingencies and risk-based assessment options for management consideration and decision making.
* Implement and utilise Company standard tools and processes.
* Support project benchmarking activities.
* Deliver close-out data to enable knowledge retention (lessons learned, project data compilation) at completion of work.
* Establish and maintain risk management system: Sound understanding of and ability to apply both qualitative and quantitative Risk Management theories, tools and techniques.
* Identify appropriate responsible parties for risk ownerships and allocate register entries.
* Structure and populate the risk management tool, enable user training and establish/implement the process for regular status reviews.
* Assist in performing Probabilistic Cost & Schedule Risk Analysis- Build simplified project schedule model, map the Technical, Economic, Commercial, Organisational and Political (TECOP) parameters and Opportunity/Risk Register entries to the model elements, and quantify these impacts into duration/ cost ranges (including the unknown unknowns).
* Assess and establish appropriate probability distributions for each element. Analyse and iterate the model output and develop overview presentation material to explain the results and key schedule risk areas.
* Develop overview reports of risk/opportunity status for management, implement and manage risk management plans utilizing Company's risk management standards - Organise, frame and facilitate risk workshops - Meeting Facilitation. Engage with multiple project and stakeholder personnel to gather data in order to develop/refresh the Opportunity/Risk Register. Challenge and encourage alternate views to fully explore potential scenario outcomes. Stimulate identification of mitigating actions and qualitative impact and likelihood assessments. Secure buy-in from team members
* Maintain and manage risk registers. Present risk management status to Project Leadership Team & generate monthly risk management reports.
* Interface with project team members to discuss and challenge risk status and close out references.
* Interpret and explain Cost Schedule & Risk Analysis output to Project Leadership and Review teams.
* Assist in the collation of the project weekly and monthly reports (Pro/Act/Power BI & Powerpoint)
* Assist and support the planning team with monthly reporting deliverables including importing planning data to powerBI.
* Work in conjunction with the team to prepare Integrated Bedding activity Plans liaising with IAP Planners and Logistics.
* Track readiness for offshore scopes.
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