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Contract Probabilistic Risk Analysis Engineer Jobs in Utah

... estimating/engineering support directly interfacing with program offices and assisting the ... risk analysis, performance measurement (earned value), project forecasting and risk assessment ...

Perform broader sector analysis in order to assess industry fundamentals and portfolio trends ... Bachelor's degree in Finance, Accounting, Economics, Statistics, Engineering or related field * 2 ...

This role involves independently managing project schedule development, risk analysis, and ... Review and analyze contracts and requests for services to ensure contractor compliance with project ...

Senior Cost Engineer Analyst

UT · On-site

$76K - $97K/yr

... risk analysis, performance measurement (earned value), project forecasting and risk assessment ... contract requirements. * Excellent verbal communication, written, and quantitative analytical ...

Risk Assessment & Analysis: * Continuously engage across the organization to identify and evaluate ... Review internal business proposals, contracts, and other business initiatives to identify potential ...

Contract Manager

Farmington, UT · On-site

$84K - $112K/yr

... risk analysis on contractual language to ensure protection of the company's interests. • ... Prior experience with contract management and AI assisted technology a big plus. • Professional ...

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Contract Probabilistic Risk Analysis Engineer information

What are some common challenges faced by Contract Probabilistic Risk Analysis Engineers, and how can they be addressed?

Contract Probabilistic Risk Analysis Engineers often face the challenge of quickly integrating into new teams and projects, requiring rapid understanding of industry-specific risk models and standards. Balancing diverse stakeholder expectations, tight deadlines, and incomplete data sets can add complexity to analysis tasks. To address these challenges, effective communication, adaptability, and strong analytical skills are essential. Leveraging standard risk analysis frameworks and maintaining clear documentation can also help ensure consistency and accuracy in deliverables.

What is the difference between Contract Probabilistic Risk Analysis Engineer vs Contract Reliability Engineer?

AspectContract Probabilistic Risk Analysis EngineerContract Reliability Engineer
CredentialsTypically requires engineering degrees, certifications in risk analysis or reliability (e.g., ASQ, IRCA)Requires engineering degrees, certifications in reliability or maintenance (e.g., CRE, RCM)
Work EnvironmentFocuses on risk modeling, probabilistic assessments, often in industries like energy, aerospaceFocuses on system reliability, maintenance strategies, often in manufacturing, utilities
Industry UsageCommon in nuclear, aerospace, oil & gas sectorsCommon in manufacturing, power plants, industrial facilities

The Contract Probabilistic Risk Analysis Engineer specializes in quantitative risk modeling using probabilistic methods, while the Contract Reliability Engineer emphasizes system reliability and maintenance strategies. Both roles require engineering backgrounds but focus on different aspects of safety and system performance within similar industries.

What are the key skills and qualifications needed to thrive as a Contract Probabilistic Risk Analysis Engineer, and why are they important?

To thrive as a Contract Probabilistic Risk Analysis Engineer, you need a solid background in engineering, mathematics, and statistics, often supported by a relevant degree and experience with risk analysis methodologies. Familiarity with technical tools such as Monte Carlo simulation software, fault tree analysis programs, and industry-specific risk assessment platforms is typically required. Strong analytical thinking, attention to detail, and effective communication skills help you interpret complex data and present findings to stakeholders. These competencies are crucial for accurately identifying and mitigating risks in projects, ensuring safety, compliance, and project success.

What is a Contract Probabilistic Risk Analysis Engineer?

A Contract Probabilistic Risk Analysis Engineer is a professional hired on a contractual basis to assess and quantify risks in engineering projects using probabilistic methods. They use statistical models and simulations to predict the likelihood and potential impact of various risks, helping organizations make informed decisions. These engineers often work in industries like energy, aerospace, or construction, and their analysis supports project safety, reliability, and cost-effectiveness. Their expertise helps organizations mitigate uncertainties and optimize project outcomes.
What are popular job titles related to Contract Probabilistic Risk Analysis Engineer jobs in Utah? For Contract Probabilistic Risk Analysis Engineer jobs in Utah, the most frequently searched job titles are:
What job categories do people searching Contract Probabilistic Risk Analysis Engineer jobs in Utah look for? The top searched job categories for Contract Probabilistic Risk Analysis Engineer jobs in Utah are:
What cities in Utah are hiring for Contract Probabilistic Risk Analysis Engineer jobs? Cities in Utah with the most Contract Probabilistic Risk Analysis Engineer job openings:
Operations Research Analyst, Risk Analysis

Operations Research Analyst, Risk Analysis

AMERICAN SYSTEMS

Hill Air Force Base, UT • On-site

$150K - $190K/yr

Full-time

Medical, Retirement, PTO

Posted 4 days ago


Job description

AMERICAN SYSTEMS is an employee-owned federal government contractor supporting national priority programs through our strategic solutions in the areas of Information Technology, Test & Evaluation, Program Mission Support, Engineering & Analysis, and Training.


American Systems is seeking Senior Project Schedulers and Senior Schedule Risk Analysts to support current and future task orders for DoW program offices and PEOs.  These roles will support complex weapon system acquisition programs and work closely with government and industry stakeholders to develop, analyze, and improve program schedules and schedule risk profiles.

The ideal candidate will bring deep expertise in schedule development, schedule risk analysis, and executive-level communication, along with experience engaging new customers and shaping schedule management practices in a federal acquisition environment.

Key Responsibilities

  • Develop, maintain, and analyze Integrated Master Schedules (IMS) for large, complex DoD acquisition programs.
  • Perform schedule risk assessments for weapon system programs, including the development of schedule logic, identification of driving paths, and critical dependencies.
  • Conduct Schedule Risk Analysis (SRA) using Monte Carlo simulation techniques to quantify schedule uncertainty and identify key risk drivers.
  • Provide actionable recommendations to mitigate schedule risks and improve program execution.
  • Support planning and execution of customer engagements, including standing up new schedule management processes or improving existing processes.
  • Interface directly with government program managers, technical leads, and executive leadership, delivering clear, concise schedule briefings and decision-support products.
  • Conducts logical analysis of management problems and management information requirements and formulates mathematical models of problems for solutions by computer.
  • Prepares mathematical models of problem areas in forms of one of several equations that relate constants and variables, restrictions, alternatives, conflicting objectives and their numerical parameters.
  • Gathers, relates, identifies data with variables in models by applying personal judgment and mathematical tests.
  • Reviews operations and testing of models to ensure adequacy or determines needs for reformulation.
  • Analyzes operations methods, which require substantial competence in the rigorous methods of scientific and mathematical inquiry and analysis.
  • Prepares written, non-technical reports to management, indicating solutions or range of possible alternatives in rank of desirability and probability of success when there is no single solution.
  • May be assigned responsibility for the management of the function, including associated staff.
  • Support proposal efforts, contract start-up activities, and transition-in planning as required.

  • Bachelor's degree and 11+ years of related work experience
  • Minimum of 10 years of experience in a scheduling, planning, or schedule risk role within a defense, space, or federal acquisition environment.
  • Demonstrated proficiency in Microsoft Project, with at least 5 years of hands-on experience using MS Project or comparable scheduling tools.
  • Proven experience evaluating schedule risk on complex, multi-disciplinary programs, including hands-on experience conducting Monte Carlo-based schedule risk analyses.
  • Experience planning and executing customer engagements, particularly with new customers, to implement or enhance schedule management practices.
  • Demonstrated ability to brief and interact with executive-level stakeholders, translating complex schedule data into decision-quality insights.

AMERICAN SYSTEMS is committed to pay transparency for our applicants and employee-owners. The salary range for this position is USD $150,000.00/Yr. - USD $190,000/Yr. Actual compensation will be determined based on several factors permitted by law. AMERICAN SYSTEMS provides for the welfare of its employees and their dependents through a comprehensive benefits program by offering healthcare benefits, paid leave, retirement plans, insurance programs, and education and training assistance.
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