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- Tasks: Manage project risks and opportunities to ensure successful delivery.
- Company: Costain, a leader in smart infrastructure solutions across the UK.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional growth.
- Why this job: Make a real impact on major infrastructure projects while developing your risk management skills.
- Qualifications: Experience in project management and risk methodologies is essential.
- Other info: Join a dynamic team focused on innovation and sustainability.
The predicted salary is between 36000 - 60000 £ per year.
Costain have won extensive work across the water sector this year to support the AMP 8 investment cycle. We have been appointed by Northumbrian Water to the Living Water Enterprise to help shape and deliver its strategic infrastructure upgrade programme with contracts valued up to c.£670m to Costain over 15 years.
Reporting into the Head of Planning / PMO, the Risk Manager will be fully integrated and embedded into the framework with a remit to ensure that the project teams meet their risk and opportunity management challenges through improved risk practice and awareness. You will be responsible for management of the implementation and ongoing assurance of governance and any contract specific requirements.
As a commercially astute Risk Manager, you will work in collaboration with stakeholders at scheme and framework level and you will identify, analyse and develop responses to project risks & opportunities, taking ownership and responsibility. You will play an important role in developing a positive risk and opportunity culture within the framework. By embedding and championing best-practice risk and opportunity management tools and techniques across the allocated programmes, you will enable a timely, efficient, safe and customer-focused delivery.
Responsibilities
- Ensure risk mitigation measures are progressed in response to EWN's Draft and update the contract Risk Management Plan.
- Manage risk and continuously develop the risk and opportunity register into a management tool containing accurate and relevant information for reporting purposes.
- Risk identification, qualitative and quantitative analysis, contractual allocation and preparing action plans.
- Manage the Risk and Opportunity Register.
- Carry out risk and opportunity workshops as and when required.
- Risk and opportunity reporting, ensuring information is consistently accurate and relevant.
- Develop, implement and oversee effective and credible risk response and risk mitigation plans.
- Ensure that the senior management team are sufficiently sighted on and familiar with the project risk and opportunity position.
- Act as a conduit for the escalation of risk or failure to obtain opportunities in line with established processes.
- Be prepared to challenge risk and opportunity owners and other individuals on their response to risk and securing opportunities.
- Contribute to the continual improvement in risk processes and the continual development of a risk mature culture across the project.
- Produce risk and opportunity reports and dashboards in line with project requirements.
Qualifications
- Skilled and experienced in NEC project and programme management and risk management methodologies.
- Skilled and experienced in the use of risk and opportunity management systems and tools.
- Strong verbal, written and presentational skills with a high level of analytical and numerate skills.
- Self-motivated with good interpersonal skills working in a team environment.
- Good attention to detail.
- Excellent communication and presentational skills.
- Able to use initiative.
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 in Newcastle upon Tyne employer: Costain
Contact Detail:
Costain Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project Risk Manager in Newcastle upon Tyne
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work at Costain or similar companies. A friendly chat can sometimes lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by practising common risk management scenarios. Think about how you would handle specific project risks and opportunities. This will help you showcase your skills and experience effectively.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you on their radar and shows your enthusiasm for the role.
✨Tip Number 4
Apply through our website for the best chance! We love seeing applications directly from candidates who are genuinely interested in joining us. Plus, it makes tracking your application easier for both you and us.
We think you need these skills to ace Project Risk Manager in Newcastle upon Tyne
Some tips for your application 🫡
Tailor Your Application: Make sure to customise your CV and cover letter for the Project Risk Manager role. Highlight your experience with risk management methodologies and tools, as well as any relevant projects you've worked on that align with the job description.
Showcase Your Skills: Don’t just list your skills; demonstrate them! Use specific examples from your past work to show how you’ve successfully managed risks and opportunities. This will help us see how you can contribute to our team.
Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon unless it's relevant to the role. We appreciate a well-structured application that gets straight to the point!
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Costain
✨Know Your Risk Management Inside Out
Make sure you’re well-versed in NEC project and programme management methodologies. Brush up on risk management tools and techniques, as you'll need to demonstrate your expertise during the interview. Be ready to discuss specific examples of how you've identified and mitigated risks in past projects.
✨Showcase Your Analytical Skills
Prepare to highlight your analytical and numerate skills. You might be asked to analyse a hypothetical risk scenario, so practice breaking down complex information into manageable parts. This will show that you can think critically and make informed decisions under pressure.
✨Communicate Clearly and Confidently
Strong communication is key for a Project Risk Manager. Practice articulating your thoughts clearly and confidently, both verbally and in writing. Consider preparing a brief presentation on a past project where you successfully managed risks, as this could impress your interviewers.
✨Emphasise Team Collaboration
Since the role involves working closely with various stakeholders, be prepared to discuss how you’ve collaborated with teams in the past. Share examples of how you’ve fostered a positive risk culture and engaged others in risk management processes. This will show that you value teamwork and can drive collective success.
