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Project Risk Management Jobs in Massachusetts (NOW HIRING)

Directing risk management across commissions, developing robust frameworks, driving workshops, and guiding clients and project teams. * Delivering quantitative risk analysis, contingency reviews, and ...

AACE International, Project Management Institute, ISO 31000). * Facilitate risk management workshops, meetings, interviews and discussions with project teams and clients. * Develop and maintain ...

AACE International, Project Management Institute, ISO 31000). * Facilitate risk management workshops, meetings, interviews and discussions with project teams and clients. * Develop and maintain ...

Fosters a proactive approach to risk management by encouraging reporting and open communication. Participates in, or facilitates, improvement projects related to patient safety and risk mitigation ...

Risk Manager

Boston, MA · On-site

$78K - $113K/yr

The Risk Manager is responsible for the overall management of potential risks and liabilities ... management and analysis required. * Highly self-motivated. Ability to manage multiple projects ...

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Project Risk Management information

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 is the highest salary for a risk manager?

The highest salary for a risk manager can exceed $150,000 annually, especially for those with extensive experience, advanced certifications like FRM or CRM, and leadership roles in large organizations or financial institutions. Senior risk managers in major markets or specialized industries may earn even higher compensation packages, including bonuses and incentives.

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 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 does a project risk manager do?

A project risk manager identifies, assesses, and prioritizes potential risks that could impact a project's success. They develop strategies to mitigate or avoid these risks, monitor risk factors throughout the project lifecycle, and communicate findings to stakeholders. Strong analytical skills and familiarity with risk management tools and frameworks are essential for this role.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $150,000 annually depending on the industry and company size. These roles typically require extensive experience, advanced certifications like FRM or PRM, and strong leadership skills in financial, operational, or enterprise risk management environments.

Is risk management a good career?

Risk management is a valuable career that involves identifying, assessing, and mitigating potential threats to projects or organizations. Professionals in this field often require strong analytical skills, knowledge of industry standards, and certifications such as PMI-RMP or ISO 31000. It offers opportunities across various industries with a focus on strategic decision-making and problem-solving.
What are popular job titles related to Project Risk Management jobs in Massachusetts? For Project Risk Management jobs in Massachusetts, the most frequently searched job titles are:

Director Risk Management- Civil Infrastructure (Boston)

Turner & Townsend

Boston, MA • On-site

Full-time

Posted 8 days ago


Job description

From the inception of a project through to completion and beyond, Turner & Townsend help to deliver the outcomes that matter through transformational programs covering the full spectrum of consultancy, project delivery and post-project operations. Working from 133 offices in 49 countries, we make the difference to projects across the real estate, infrastructure and natural resources sectors worldwide. Our team is dynamic, innovative and client-focused, supported by an inclusive and fun company culture. Our clients value our proactive approach, depth of expertise, integrity and the quality we deliver. As a result, our people get to enjoy working on some of the most exciting projects in the world.

Job Description

Turner & Townsend has an exciting opportunity for a Director Risk Management to join our USA Infrastructure team, and work on a large-scale rail construction program based in New York City, Baltimore, Denver, Houston or other large metropolitan areas where we do business.

  • Maintain visibility of threat/opportunity trigger points to facilitate risk cost profiling, timely drawdown of risk budget or retirement of threat/opportunity.
  • Use risk data to inform investment planning.
  • Monitor overall risk exposure and assess against the remaining risk budget.
  • Work with contractors to assess contractor held risks and their views on client held risks that impact upon them.
  • Produce risk reports as required, in a timely manner, to support the effective communication of threat & opportunity status.
  • Conduct quantitative risk assessment (cost and schedule) to inform project contingency levels.
  • Ensure the delivery of best practice risk management activities and report to the Head of Department.
  • Initiate a proactive approach to the review, development and improvement of the risk management service to the client.
  • Undertake end-to-end project risk management practice on multiple projects/programs.
  • Undertake the creation of risk management plans and processes in adherence to client requirements, processes, policies and frameworks.
  • Lead workshops with a broad range of internal and external stakeholders.
  • Conduct risk reviews at regular intervals, identify and analyze, determine response plans, ensure that project and program risk profiles are being monitored and reported.
  • Lead and run a comprehensive schedule and cost qualitative risk assessment (QCRA & QSRA) process is delivered.
  • Establish integration of the risk management function within the program and project controls team, with direct touch points to cost and schedule management, change control and reporting.
  • Work proactively and collaboratively with program and project control teams so as to eliminate redundancies and identify opportunities for improvement.
  • Provide opportunities to facilitate the transfer of knowledge within the immediate risk team, to the greater project controls team and to the client.
  • The transfer of knowledge may include informal one-one-one discussions with client stakeholders and more formal presentations to clients and colleagues.
  • Create value stream mapping to quantify pain points and develop solutions to minimize waste (both in terms of speed and cost).
  • Create improved operating procedures and best practices for wider use in the client organization to reduce turnaround times, amendments and queries.
  • Aligns recommendations to the respective needs of each project, delivery type, contract models and phase of contract negotiation.
  • Collaborate on the supplier performance management program including the collection of performance metrics and tracking of supplier improvement action plans.
  • Demonstrate a level of support to expert witnesses in arbitral or ligation processes.
  • Lead, manage, and carryout construction stage contract and claims management.
  • Provide strategic, critical and professional advice on contractual issues.
  • Carry out assessment of contractual claims in accordance with the contract.
  • Provide strategic and contractual advice on disputes and related resolution issues.
  • Evaluate delay recovery measures.
  • Carry out change management and construction stage cost control.
  • Supervise the measurement and valuation of completed works and variations.
  • Manage the settlement of final accounts with contractors.
  • Perform all other pertinent contract management and administration tasks with a view to achieving project completion on time and within budget.
  • Prepare and support on bid proposals, and work closely alongside Senior Management and the wider Turner & Townsend team.
Qualifications

On-site presence is required. Requirements may change depending on our client's needs.

  • Minimum of 10 years post-graduate experience working on major construction projects preferably in infrastructure.
  • Relevant construction project procurement and contract management experience.
  • Bachelor’s Degree in engineering or equivalent in relevant discipline
  • Demonstrated experience within a Program Management or Program Controls environment.
  • Project / Program Risk Management experience with over 5 years’ working knowledge of risk analysis.
  • Deep knowledge and experience with risk identification facilitation and techniques.
  • Strong communication, analytical and negotiation skills.
  • Has conducted risk management training sessions.
  • In-depth understanding of construction contracts, commercials models and delivery methods.
  • Proficient in process mapping, root causes analysis, problem solving, and value-stream mapping.
  • Familiarity with web-based database tools – ARM, Predict, Tableau.
  • Highly self-motivated, analytical, and customer centric.
  • Excellent interpersonal skills including great communication.
  • Ability to demonstrate collaborative behaviors.
  • Organized and thorough individual.
  • Experience in the formulation, setting up, procurement and contract administration of target cost contracts will be an added advantage.
  • Excellent command of spoken and written English.
Additional Information

The salary range for this full‑time role is $140K-$170K per year. Ranges are determined by role and level and represent a good faith effort to provide a fair and equitable salary. This range is a reflection of base salary only, not of a total compensation package. Please note Turner & Townsend reserves the right to pay more or less than the posted range, depending on candidate’s experience and qualifications.

*On‑site presence and requirements may change depending on our client's needs*

Our Culture

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work‑life balance.

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.

All your information will be kept confidential according to EEO guidelines.

Please find out more about us at www.turnerandtownsend.com/ and https://www.heery.com/.

It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e‑mail accounts are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.

Seniority level
  • Mid‑Senior level
Employment type
  • Full‑time
Job function
  • Consulting
Industries
  • Construction, Civil Engineering, and Business Consulting and Services

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