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Project Risk Management Jobs in Arizona (NOW HIRING)

Roche

Global Project Manager

Tucson, AZ · On-site

Project risk management; Critical path analysis; Scenario creation and analysis; Budget; Robust planning. * You will proactively own and drive integrated project plans including dependencies ...

CMC Phoenix

PI/Risk Management Manager

Phoenix, AZ

$24 - $25/hr

The Performance Improvement/Risk Management Manager assists the Director in planning and ... Support the Director of PI/RM in performance improvement projects, policy development, and staff ...

OMC

Risk Director

Phoenix, AZ · On-site

YOUR DAY-TO-DAY Financial Risk Management * Lead procurement and administration of corporate and project-specific insurance programs (GL, Builder's Risk, Professional Liability, Umbrella/Excess ...

OMC

Risk Director

Phoenix, AZ · On-site

YOUR DAY-TO-DAY Financial Risk Management * Lead procurement and administration of corporate and project-specific insurance programs (GL, Builder's Risk, Professional Liability, Umbrella/Excess ...

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Project Risk Management information

What is a Project Risk Management job?

A Project Risk Management job involves identifying, analyzing, and mitigating risks that could impact a project's success. Professionals in this role develop risk management plans, monitor potential threats, and implement strategies to minimize project disruptions. They work closely with project managers and stakeholders to ensure risks are proactively addressed. Effective risk management helps projects stay on schedule, within budget, and meet their objectives.

What are the key skills and qualifications needed to thrive in the Project Risk Management position, and why are they important?

To excel in Project Risk Management, you need strong analytical abilities, knowledge of risk assessment methodologies, and often a degree in business, engineering, or a related field. Familiarity with risk management software like Primavera Risk Analysis, MS Project, and certifications such as PMI-RMP (Project Management Institute – Risk Management Professional) are highly valued. Outstanding communication, problem-solving, and stakeholder management skills are crucial for building consensus and addressing uncertainties proactively. These skills enable professionals to anticipate, mitigate, and manage project risks, safeguarding project objectives and organizational success.

What are some common challenges faced in a Project Risk Management role, and how are they typically addressed?

Professionals in Project Risk Management often encounter challenges such as identifying emerging risks, balancing risk mitigation with project timelines and budgets, and securing stakeholder buy-in for risk response strategies. These challenges are typically addressed by establishing effective communication channels across cross-functional teams, implementing robust risk monitoring systems, and conducting regular risk assessments throughout the project lifecycle. Collaborating closely with project managers and team members helps ensure that risks are addressed proactively rather than reactively. Over time, experience and strong analytical skills further help professionals adapt their strategies to handle complex and evolving project scenarios.

What are the 3 C's of risk management?

In project risk management, the 3 C's typically refer to Communication, Coordination, and Collaboration, which are essential for identifying, assessing, and mitigating risks effectively. These elements help ensure that team members share information, work together, and respond promptly to potential issues throughout the project lifecycle.
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Project Risk Management jobs near you
Prequalification Risk Manager

Prequalification Risk Manager

DPR Construction

Phoenix, AZ • On-site

Full-time

Posted 23 days ago

DPR Construction rating

7.8

Company rating: 7.8 out of 10

Based on 35 frontline employees who took The Breakroom Quiz

23rd of 77 rated construction

Job description

Job Description
The Prequalification Risk Manager will be responsible for working with our Preconstruction and Operations teams in evaluating bid packages and potential subcontractors on a project-by-project basis, including providing risk mitigation recommendations based on the annual prequalification submissions. Strong leadership, communication, and analytical skills are required for this position. The successful candidate should be hands-on, with a strong work ethic. He/she must be a detail-oriented, self-starter with the ability to find enjoyment in a fast-paced environment. This position involves communication and corroboration with business unit leaders, project teams and business partners across the country.
Specific Duties include:
  • Build strong connections with Subcontractor Community by developing: relationships with key players, awareness of past and current performance history, awareness of current work in progress, changes in prequalification statuses, and entity structure, participate in Subcontractor outreach programs; and coordinating with the local Prequalification Liaisons in building subcontractor relationships and gathering and analyzing necessary information.
  • Guide and assist the project teams around subcontractor prequalification and potential risk mitigation efforts during buyout and development and implementation of risk mitigation plans. On large projects where subcontracts for certain trade packages require SDI carrier approval, support project teams (Operations and Preconstruction) in preparing procurement strategies and subcontractor bidders lists, providing insights into subcontractors' experience, performance history, and capabilities.
  • Assist project teams (Operations and Preconstruction) through the Prequalification exception and SDI carrier referral processes from initiation through approval and provide guidance to subcontractors, as necessary; help with the creation of risk mitigation plans; work with project teams to complete the required forms necessary to obtain SDI carrier approval for certain subcontracts on a particular project or maintain carrier approval in the event the contract exceeds a prior approval threshold.
  • Monitor the implementation of risk mitigation plans on projects; promote accountability around implementing risk mitigation plan solutions and highlighting the risk of non-compliance.
  • Review of annual prequalification compliance for subcontractors who are working on active jobs and assist the National Prequalification Team in initiating renewals when needed.
  • Participate in project Risk Assessments and review monthly status reports for visibility to subcontractor related performance concerns, reserves and fee erosion; assist project teams in monitoring and managing subcontractor default risks (systems, processes and tools).
  • Point of Contact for subcontractor risk transfer tools: payment and performance bonds, contractual language, letter of credits, etc.; guide and assist the project team around subcontractor default coverage and acceptable language to transfer coverage.
  • Build strong connections within DPR's Risk Management groups, Preconstruction, Core Construction and Enterprise Corporate Services for assistance, access to resources, and sharing what you've learned.
  • Ability to develop training material and deliver via in-person, virtual, and on demand training platforms.

Experience:
  • Evaluation and mitigation of subcontractor default risks
  • Able to excel in a team environment and be a strong team player, successfully communicating with and seeking input from others
  • Working knowledge of construction contracts, subcontracts, purchase orders and other related agreements.

Qualifications
  • Bachelor's degree
  • 5-7 years of construction industry experience. Operations and/or prequalification experience is a plus.
  • Strong financial acumen in evaluating subcontractor risk is preferred
  • Creative thinker and problem solver
  • Demonstrate experience managing internal and external customer relationships
  • Strong work ethic and "can-do" attitude
  • Ability to anticipate what might occur and help shape a great outcome; and to sense what's happening and respond with consistency and urgency
  • Excellent written, verbal and presentation skills. Able to communicate complex things simply without overwhelming
  • Thorough understanding of typical project management processes and related information and forms
  • Strong listening skills and openness to others' points of view while maintaining risk advocacy for DPR
  • Strategic thinker: ability to recognize the downstream effects of decisions to advise the project team on best approaches

DPR Construction is a forward-thinking, self-performing general contractor specializing in technically complex and sustainable projects for the advanced technology, life sciences, healthcare, higher education and commercial markets. Founded in 1990, DPR is a great story of entrepreneurial success as a private, employee-owned company that has grown into a multi-billion-dollar family of companies with offices around the world.
Working at DPR, you'll have the chance to try new things, explore unique paths and shape your future. Here, we build opportunity together-by harnessing our talents, enabling curiosity and pursuing our collective ambition to make the best ideas happen. We are proud to be recognized as a great place to work by our talented teammates and leading news organizations like U.S. News and World Report, Forbes, Fast Company and Newsweek.
Explore our open opportunities at www.dpr.com/careers.

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