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Project Risk Manager

Albawani | البواني
Riyadh Region, KSA
Full-time
Mid-Senior
Onsite
Discovered 5 days ago
Project risk management frameworksQualitative risk assessmentQuantitative risk analysisSchedule Risk Analysis (SRA)Cost Risk Analysis (CRA)Monte Carlo simulation modelling

Full Job Posting

Role purpose

Support risk-informed decisions and protect project cost, schedule, quality, safety, and contractual performance.

Partner with project leadership by providing objective risk insights, facilitating treatment initiatives, and translating risk responses into measurable outcomes.

Risk governance and analysis

  • Develop and maintain project risk frameworks, procedures, methodologies, and reporting standards.
  • Maintain project risk registers and ensure risks and opportunities are identified, assessed, assigned owners, and managed throughout the lifecycle.
  • Facilitate risk workshops and reviews; align practices with corporate governance and international best practices.
  • Monitor risk-management maturity and drive continuous improvement.
  • Support decisions through qualitative and quantitative analysis, scenario planning, and risk-based decision support.

Treatment, leadership, and reporting

  • Ensure stakeholders implement agreed risk treatments and escalate unresolved issues.
  • Advise project and senior leadership on risk exposure and mitigation; engage clients, consultants, subcontractors, and joint-venture partners.
  • Prepare executive reports, dashboards, heat maps, and trend analyses; present risk assessments and recommendations.
  • Monitor key risk indicators and project performance; support audits, reviews, and assurance activities.
  • Benchmark risk practices and recommend improvements based on lessons learned and industry practice.

Experience and knowledge

  • At least 15 years of construction industry experience, including 10 years in dedicated project risk management and 5 years in managerial positions.
  • Hands-on project delivery experience in construction engineering, site engineering, planning, scheduling, cost engineering, or cost control.
  • Experience with large-scale Design & Build, EPC, infrastructure, industrial, and civil mega projects from a contractor perspective.
  • Knowledge of project controls, planning, scheduling, cost management, engineering, procurement, construction, and contract administration.
  • Advanced expertise in qualitative and quantitative risk analysis, SRA, CRA, Monte Carlo simulation, contingency modelling, and risk-based decision support.

Education and certification

  • Bachelor’s degree in civil engineering, construction engineering, project management, or a related discipline.
  • PMI-RMP certification is mandatory.
  • A relevant master’s degree is preferred.
  • PMP, CCP, PSP, MRICS, or equivalent certifications are advantageous.

Technical skills and tools

  • Project risk framework development; risk registers; risk mitigation planning and implementation; contingency assessment and management.
  • Schedule Risk Analysis (SRA), Cost Risk Analysis (CRA), Monte Carlo simulation modelling, forecasting, and scenario analysis.
  • Executive risk reporting and dashboard development.
  • Tools listed: Primavera P6, Primavera Risk Analysis, Safran Risk, RIB Candy, and advanced Microsoft Excel and data analytics.
  • Stakeholder management, facilitation, leadership, negotiation, and strategic decision support.

Industry and domain

Construction.

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