Project Risk Analyst (Los Alamos, New Mexico)

Project Time & Cost, LLC (PT&C) is an international project management and construction management firm, headquartered in Atlanta, GA, USA.

 

PT&C has an exciting opportunity for a Project Risk Analyst in Los Alamos, NM. 

The Project Risk Analyst is a Quantitative Risk Analyst/Modeler performing advanced data and statistical analysis in support of the creation and maintenance of statistical risk models, including Regression and Multivariate models. Responsibilities include:

  • Supports quantitative technical and programmatic risk and cost/schedule uncertainty analysis for construction projects.

  • Provides oversight and expertise in the model creation, testing and validation.

  • Develops and integrates risk management strategy to support construction project baseline initiatives and determination of Contractor Management Reserve and Federal Government Contingency. 

  • Duties of this position also may involve integration with project cost control work, requiring the ability to work with and understand budgets, coding, man hour performance systems and reports, and other elements of overall project controls monitoring.

The following are intended to be examples of the accountabilities for which the person in this position is responsible. This position description is not intended to be complete or all-inclusive and does not preclude management from assigning other or related functions if such functions are a logical assignment for the position.

  • Assist in establishing, monitoring, evaluating and interpreting data with a risk management focus with an understanding of construction project baselines.

  • Assist in the development and maintenance of contractor and federal risk registers and development and application of statistical modeling in areas such as segmentation analysis, logistic regression, decision trees and multivariate analysis.

  • Demonstrate working knowledge of risk analysis software (such as Active Risk Manager [ARM]) to provide data and analytical support to senior management.

  • Perform data manipulation and analysis using risk analysis/risk management software and present results and recommendations to CMRR PMO Risk Management.

  • Interfaces with site operations, LANL project managers/risk managers and subcontractors to discuss the impact of event-based risk realization and resolution of problems.

  • Assists Federal Project Directors in creating federal technical and programmatic risk identification, monitor such risks to determine impact on integrated construction project cost and schedule, and help in formulating actions to correct construction problems.

  • Assist in the development of Lessons Learned Knowledge Base based on realized project risks.

  • Track portfolio performance and risk handling strategy results. Incorporate observations and data into existing models to improve predictive results.

  • Identify deviations from forecast/expectations and explain variances. Identify risk and/or opportunities.

  • Prepare risk assessment reports, exhibits and supporting materials and develop recommendations for risk mitigation strategies. Contribute to schedule forensics analysis, construction claims analysis, and Federal Government Contingency Impairment analysis.

  • Identify risk analysis/risk management software training needs among employees and provides training when necessary; remain current on the advancements in risk analysis/risk management software.

  • Responsible for continuously expanding and updating professional knowledge and honing training skills in order to enhance individual and team innovation and productivity.

Qualifications and Experience:

  • Bachelor’s degree in Engineering, Business, Mathematics, Statistics, Quantitative Analysis or equivalent level of experience in enterprise risk management, quality control, or audit discipline. 

  • A minimum of three years of quantitative risk analysis experience. 

  • 1-3 years of risk management experience in the construction industry.

  • Must be able to build and maintain accurate and up-to-date complex construction risk registers and risk assessment analysis.

  • Demonstrated ability to manipulate and analyze data across large databases.

  • Working knowledge of risk analysis software (i.e. Oracle Crystal Ball, Palisade @RISK, Active Risk Manager) and Microsoft Excel.

  • Must have the ability to work collaboratively with all team members and stakeholders, and the ability to work independently and take direction from supervisor. 

  • Excellent written and oral skills are required, and experience in working in a fast-paced analytical environment is preferred.

  • Valid drivers’ license required.

 

Benefits:

  • Paid Time Off (PTO) – Employees begin accruing at the rate of 20 days per year. PTO begins accruing immediately on your first day of employment with PT&C. 

  • Paid Holidays – In addition to the PTO, there are 8 paid holidays: New Years, Memorial Day, Independence Day, Labor Day, Thanksgiving, Day after Thanksgiving, Christmas Eve and Christmas.

  • Insurance – PT&C provides major medical, dental and vision at a reasonable cost. Life insurance is company paid and additional life insurance is available for purchase.

  • Matching 401(k) – Employees are eligible immediately. You may contribute 6% of your salary and PT&C will match the first 6% with 3% or $.50 on the dollar. You may also contribute more than 6%.

 

For immediate consideration, please email your resume to hr@ptcinc.com or call Arlen Crawford at 404-782-8455.

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