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Risk and Reporting Manager - Project Controls
Job in
Riyadh, Riyadh Region, Saudi Arabia
Listed on 2026-09-03
Listing for:
Parsons
Full Time
position Listed on 2026-09-03
Job specializations:
-
Business
Risk Manager/Analyst
Job Description & How to Apply Below
Risk and Reporting Manager - Project Controls
Location:
Riyadh, Saudi Arabia
Industry: Construction
Function:
Risk Management
Experience:
12 years
Job Type: Full-time
Salary:
Key Responsibilities- Develop and implement the project risk management strategy, framework, procedures, and governance requirements.
- Establish and maintain comprehensive risk registers covering cost, schedule, technical, construction, commercial, interface, and delivery risks.
- Facilitate risk identification, assessment, mitigation, monitoring, escalation, and closure across project teams.
- Coordinate with Project Managers, Engineers, Contractors, Planners, Cost Control teams, and other stakeholders to maintain consistent risk management objectives.
- Conduct regular risk reviews and ensure mitigation actions remain current, practical, and assigned to accountable owners.
- Perform Quantitative Schedule Risk Analysis and Quantitative Cost Risk Analysis using recognized risk modelling methods and software.
- Run Monte Carlo simulations and sensitivity analyses to identify key risk drivers and probability distributions.
- Produce P50 and P80 schedule and cost outputs to support contingency planning, schedule float management, and management decision-making.
- Use Primavera Risk Analysis, Safran, @RISK, or equivalent tools to evaluate project uncertainty.
- Analyze the interaction between identified risks, schedule logic, project costs, contingency, trends, and change events.
- Coordinate with Planning teams to ensure schedule risks are reflected in project forecasts and critical path assessments.
- Work with Cost Control teams to align contingency requirements, cost exposure, trends, and change management with the current risk position.
- Prepare detailed risk assessments, mitigation plans, exposure summaries, and executive-level recommendations.
- Monitor risk trends and provide early warning where emerging threats could affect cost, schedule, scope, quality, safety, or contractual performance.
- Develop the monthly Project Progress Report by integrating schedule, cost, HSE, quality, risk, and delivery information.
- Prepare Client dashboards, management reports, Steering Committee packs, and executive presentations.
- Establish clear reporting calendars, responsibilities, data requirements, validation processes, and submission deadlines.
- Define and monitor project KPIs covering programme, cost, risk, quality, HSE, and overall performance.
- Apply Earned Value Management principles to evaluate project performance and identify emerging variances.
- Review Schedule Performance Index, Cost Performance Index, progress trends, and related performance indicators where applicable.
- Investigate material variances and develop clear explanations, forecasts, and recommended mitigation measures.
- Build and maintain automated reporting solutions using Power BI, Microsoft Excel, Primavera P6 exports, and other approved tools.
- Reduce manual reporting effort by improving data integration, validation, visualization, and recurring report production.
- Ensure dashboards and management reports present consistent data from approved project sources.
- Establish a single, trusted reporting structure that avoids conflicting project performance information.
- Prepare trend analysis showing movement in risk exposure, schedule performance, cost position, contingency, and key project indicators.
- Support senior management and Client stakeholders by translating complex analytical results into concise decision-ready information.
- Maintain accurate project risk documentation, assumptions, analysis outputs, risk review records, and supporting evidence.
- Ensure risk and reporting activities comply with project procedures, contractual obligations, applicable standards, and recognized industry practices.
- Provide training and practical guidance to project teams on risk identification, mitigation planning, quantitative analysis, and reporting requirements.
- Promote stronger risk ownership across technical, commercial, planning, and construction teams.
- Support project audits and governance reviews with risk registers, analysis outputs, reports, and supporting documentation.
- Provide risk and reporting input to change control, claims,…
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