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- Tasks: Lead risk management processes and support project teams in identifying and mitigating risks.
- Company: Costain, a leader in smart infrastructure solutions across the UK.
- Benefits: Competitive salary, professional development, and opportunities to work on impactful projects.
- Why this job: Make a difference by enhancing project performance and contributing to essential infrastructure solutions.
- Qualifications: Project Risk qualification and experience in risk management processes.
- Other info: Join a dynamic team focused on innovation and career growth.
The predicted salary is between 36000 - 60000 £ per year.
This role provides 1st line risk management support to one or more Costain contracted client projects. The role holder will play an important role in supporting Contract/Project teams to implement effective risk management in line with Costain's risk management standards and client contractual requirements. They will also support the contract/project team through collation and analysis of risk data and report on and escalate risk management matters through both internal risk governance channels and client contractual mechanisms.
Responsibilities
- Facilitates and leads all aspects of the risk management process to the compliance of the risk management plan
- Authors the Contract Risk Management Plan, including annual updates
- Facilitates monthly risk reviews with risk owners to ensure quality of risk data is upheld
- Publishes monthly risk registers
- Generates monthly reports for the key risk roles to undertake responsibilities
- Upholds and reviews risk product quality against associated risk standards
- Prepare risk data and undertakes routine risk analysis
Essential: Knowledge, Skills, and Experience
- Ability to apply and operate core requirements of a standard project risk process, including maintenance of risk registers
- Experience of planning collaborative risk activities using a range of techniques to facilitate project/programme teams to identify, define, evaluate, respond to and report on risks to project objectives
- Awareness and experience of using qualitative and quantitative risk assessment criteria and supporting (with risk owners) the identification of controls and risk responses
Desirable
- Awareness and experience of supporting bid risk management activities, for example identifying risks with members of the project bid team
- Awareness and/or experience of supporting contract/commercial level risk management activities
Qualifications
Essential: Project Risk qualification, for example APM Risk Cert 1&2, APM PFQ or equivalent qualifications or experience
Desirable: Bachelor’s degree in risk management, project management or relevant technical subject (engineering, science, maths, accounting or economics) or equivalent qualifications or experience
About Us
Costain helps to improve people’s lives with integrated, leading edge, smart infrastructure solutions across the UK’s energy, water, transportation and defence markets. We help our clients improve their business performance by increasing capacity, improving customer service, safeguarding security, enhancing resilience, decarbonising and delivering increased efficiency. Our vision is to be the UK’s leading smart infrastructure solutions company. We will achieve this by focusing on blue chip clients whose major spending plans are underpinned by strategic national needs, regulatory commitments, legislation or essential performance requirements. We offer our clients leading edge solutions that are digitally optimised through the following five services which cover the whole lifecycle of their assets: future-shaping strategic consultancy; consultancy and advisory; digital technology solutions; asset optimisation and complex programme delivery. Our culture and values underpin everything we do.
Project Risk Manager employer: Costain Group PLC
Contact Detail:
Costain Group PLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project Risk Manager
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its projects. Understand their risk management processes and be ready to discuss how your skills align with their needs. Show them you’re not just another candidate!
✨Tip Number 3
Practice your responses to common interview questions, especially those related to risk management. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your experience effectively.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team at Costain.
We think you need these skills to ace Project Risk Manager
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience with project risk management. Use keywords from the job description to show that you understand what we're looking for.
Showcase Relevant Experience: When detailing your past roles, focus on specific examples where you've successfully managed risks in projects. We want to see how you've applied your skills in real-world situations.
Be Clear and Concise: Keep your application straightforward and to the point. Avoid jargon unless it's relevant to the role. We appreciate clarity, so make it easy for us to see why you're a great fit!
Apply Through Our Website: Don't forget to submit your application through our official website. This helps us keep track of all applications and ensures you’re considered for the role. We can’t wait to hear from you!
How to prepare for a job interview at Costain Group PLC
✨Know Your Risk Management Standards
Familiarise yourself with Costain's risk management standards and how they apply to the role. Be ready to discuss how you would implement these standards in real-world scenarios, showcasing your understanding of both qualitative and quantitative risk assessment.
✨Prepare for Collaborative Discussions
Since the role involves facilitating risk reviews, think about how you can lead collaborative discussions. Prepare examples of past experiences where you successfully engaged project teams in identifying and managing risks, highlighting your ability to foster teamwork.
✨Showcase Your Analytical Skills
Be prepared to discuss your experience with risk data analysis. Bring examples of how you've collated and reported on risk data in previous roles, and be ready to explain the techniques you used to ensure the quality of that data.
✨Ask Insightful Questions
At the end of the interview, ask questions that demonstrate your interest in the role and the company. Inquire about the specific challenges Costain faces in risk management or how they measure success in their projects. This shows you're not just interested in the job, but also in contributing to their goals.
