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Project Risk Management Jobs in Dallas, TX (NOW HIRING)

The Project Manager, Implementation Project Team will support the implementation and coordination ... S. brokerage firm offering comprehensive risk management advice, insurance and reinsurance ...

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Project Risk Management information

See Dallas, TX salary details

$34.6K

$64.4K

$89.5K

How much do project risk management jobs pay per year?

As of Jul 7, 2026, the average yearly pay for project risk management in Dallas, TX is $64,398.00, according to ZipRecruiter salary data. Most workers in this role earn between $53,400.00 and $73,700.00 per year, depending on experience, location, and employer.

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.
Infographic showing various Project Risk Management job openings in Dallas, TX as of July 2026, with employment types broken down into 1% As Needed, 85% Full Time, 11% Part Time, 1% Temporary, and 2% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $64,398 per year, or $31 per hour.
Project Manager III- Substation (On Site Position)

Project Manager III- Substation (On Site Position)

New River Electrical Corporation

Southlake, TX • On-site

Other

Posted 5 days ago


Job description

Position Summary

New River Electrical is searching for a Project Manager III for our Substation Division to execute intermediate to complex project scopes.The Project Manager III position takes on ownership and financial responsibility for assigned projects.  In this capacity you will be responsible for the execution of intermediate to complex projects, managing all aspects of project delivery at the “journey level” and reporting results up to and including senior leadership. The Project Manager III provides critical leadership and management for the execution of assigned projects.  Further, the Project Manager III is responsible for conducting business development activities, preparing estimates and bids, project schedule management, overall planning and management of field operations, procurement/purchasing, scope definition and change management, implementing and monitoring effective safety plans, and accurately managing financials including P&L for assigned projects. This position reports to one of the following roles: Regional Manager, Regional VP or VP depending on work location and project scope.

 This position reports to the Regional Manager of Substation.

Duties/Responsibilities

  • Cultivate and nurture relationships with existing customers.
  • Effectively execute within the regional business model and support growth goals, including the ability to build new client relationships and books of business.
  • Review RFP opportunities and take ownership as lead in development of bidding strategy and pricing while owning financial decisions and budgets.
  • Prepare take-offs, solicit material and subcontractor pricing and complete bids in response to customer Requests for Proposals.
  • Select and train superintendents, general foreman, and foremen in the proper handling of job planning, interpretation of contract documents, extra work/change order documentation, administration of company safety program and job information reporting requirements.
  • Prepare project initiation plans for assigned projects to include manpower loaded schedule, cash flow invoicing projection, material, tool, and equipment requirements, and project specific safety plans.
  • Conduct job site safety audits to ensure that jobsite safety and pre-task planning documentation is sufficient for the tasks being performed and in compliance with all safety policies and procedures.
  • Develop and communicate meaningful training to crews and crew supervision.
  • Manage subcontractor relationships to ensure project schedule, project scopes, and safety expectations are effectively communicated.
  • Maintain ongoing communication with project sites and customers to identify and communicate issues such as scope changes, schedule conflicts, material shortages or manpower adjustments. 
  • Manage P&L, project costs and proactively identify risks to ensure projects stay within budget.
  • Develop project cash flows, manage project billing, and change order tracking.
  • Exhibit proficiency in contract development and management.
  • Exhibit proficiency in project risk management, including the identification, prioritization, and mitigation of project risks while seeking out and exploiting project opportunities.
  • Effectively communicate project information to both internal and external project stakeholders.
  • Complete monthly work-in-progress (WIP) in a timely and accurate manner.
  • Responsible for reconciliation of the revenue to expenses for each job on a monthly basis.
  • Responsible for all project planning documents including but not limited to scope management plan, schedule management plan, cost management plan, quality management plan, resource management plan, communications management plan, risk management plan, procurement management plan, change management plan, scope baseline, schedule baseline, cost baseline, and the performance measurement baseline.
  • Demonstrate the highest level of business ethics and consistently adhere to and promote New River’s culture, values and beliefs.

Other Duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.


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