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Project Risk Manager

Job Description

The Risk- & Opportunity Manager implements Risk & Opportunity Management within the Project.


The R&O Manager responsibilities are as follows:


  • Responsible for continuous Risk and Opportunity Management on projects and services
  • Actively drive and support R&O identification & develop robust R&O response plans
  • Ensure the transparent communication of R&O information with the bid and Project team, and relevant stakeholders
  • Drive de-risking and opportunity development on an operational level.
  • Create a Risk and Opportunity Management Plan explaining how R&Os will be managed on the Project (RAIDO inputs)
  • Establish continuity in the Project R&O management by taking the R&O register from the bid as the baseline
  • Regularly analyse the full scope of the WBS including subcontractors, suppliers, partners and customers to identify R&O as early as possible
  • Assess the R&O on every level (e.g. technical, schedule, cost, ethics & compliance), obtain response actions and regularly keep the R&O register updated
  • Ensure that robust mitigation actions are defined and reflected in the Project plan (cost, schedule, resources, scope)
  • Regularly assess the progress and effectiveness of defined actions
  • Implement regular Risk Review Boards and submit risk reports
  • Regularly compare R&O exposure with the contingency amount in the EAC
  • Ensure compliance with applicable accounting standards by sizing the Project contingencies according to the R&O register
  • Escalate risks which cannot be managed at Project level
  • Establish within the Project a common understanding of R&O Management as an end-to-end responsibility for all Project members
  • In charge of the overall coordination and consistency of all risk and opportunity activities across the project
  • Attend, support and report, when required, monthly project reviews (MPRs)
  • Responsible for implementing the R&O Management process in line with the ERM framework, coordinated by Finance
  • Provide the Project Manager and work package managers with risk and opportunity status
  • Perform statistical analyses to estimate the cost and delivery timescale
  • Perform monthly, quarterly, ad hoc Schedule Risk Analyses (SRA) as required for internal governance and customers
  • Perform Cost Risk Analyses (CRA as required)
  • Support the ERM-Officer or ERM-Coordinator.



Note: Active SC clearance is required for this role


About Us


A leading international provider of solutions and expertise, specialising in the fields of digital systems and business performance

The SCALIAN Group provides support to major industrial and service-sector companies to help them define and implement their projects in two fields:

Digital Systems Embedded and critical systems, IoT, information systems, and digital solutions for businesses Operations Performance: Management of projects, quality, and industrial performance We are present in seven countries (France, Spain, Belgium, UK, Germany, USA and Canada).

Project Risk Manager

Stevenage, UK
Full time

Published on 04/19/2025

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