Program Risk Analyst

2 months ago

Portsmouth, United States Bristol Alliance of Companies, LLC Full time

Bristol Infrastructure Designs Services, LLC is seeking a qualified Program/Project Risk Analyst to support the Navy Mission at the Portsmouth Naval Shipyard in Virgina. The incumbent will identify, analyze, track, record and provide guidance with respect to actions to manage and/or mitigate risks. The Program Risk Analyst will produce professional quality, well edited, and technically accurate project documentation and correspondence in the format accepted by this organization. They will ensure timely submission of reviews and recommendations/comments, documentation in accordance with project and/or COR’s schedules.

**Major Responsibilities**:

- Assist the GPMO/OICC in the review of program and project risks during the planning and design stages of project development.
- Assist the GPMO and FEAD/ROICC/OICC review the program and project risks during the construction stage of project execution.
- Coordinate with the program and project teams and stakeholders to facilitate the identification of risks and develop and maintain a sense of ownership and responsibility for the risks and associated risk response actions.
- Develop risk identification checklists based on historical information and knowledge that has been accumulated from similar previous programs/projects and from other sources of information.
- Where appropriate, use strengths, weaknesses, opportunities and threats (SWOT) analysis to identify risks.
- Assist in the recording of identified risks in the appropriate program/project risk register to achieve an increasing level of awareness of risks over time.
- Assist with the prioritization of risks for further analysis or action by assessing and combining the probability of occurrence and impact. Considers factors such as timely response and the program leadership’s risk tolerance associated with the project’s constraints of cost, schedule, scope and quality.
- Utilize the program’s established Probability and Impact Matrix to rate each risk on its probability of occurrence and impact on an objective if it does occur.
- Utilize the risk register’s criteria for the combination of probability and impact to assign a classification of high risk, medium risk and low risk for assessed risks.
- Assist program and project managers to develop an effective plan to lessen the impact of the risk. Categorize risk by sources of risk, the area of the project affected, or other useful categories such as root causes.
- Recommend to the person responsible for risk response an appropriate response for the significance of the risk, cost to address, feedback of individuals responsible for any impacted processes and other relevant factors.
- Assist program and project managers to control the risk process by continuously monitor efforts for new, changing, and outdated risks.
- Assist in the control of the risk process by assisting program and project managers with the choosing of alternative strategies, executing a contingency or fallback plan, taking corrective action, and modifying the program management plan.
- Monitor risk response owner’s periodic reports to appropriate authorities assessing the effectiveness of the plan, any unanticipated effects, and recommends corrective actions needed to handle the risk appropriately.
- Update the programs process assets, including project lessons learned databases and risk management templates, for the benefit of follow on programs/projects.
- Monitor and analyze risk trends and variances.
- Monitor resolution of risk response actions.
- Assist the Government with verification that risk response has been addressed appropriately.
- Recommend execution of contingencies and/or modifications to the program management plan to the Area Coordinator, Program Coordinator and the ROICC if this COA becomes necessary.
- Use initiative, resourcefulness, and sound judgment when providing advice to the Government on quality assurance matters requiring knowledge of construction methods.
- Research and collection of necessary data to provide recommendations, prepare documents and review construction contractor deliverables as it pertains to this scope of work.
- Prepare Courses of Action (COA) to determine options and feasibility for any and all risk response actions. COAs must incorporate consideration of anticipated costs and schedule impacts as well as overall program effects.
- Ensure documentation and dissemination of risk response final government decisions is made via the proper government channels (e.g. GPMO, FEAD/ROICC/OICC).
- Generate, maintain and monitor a risk identification checklist based on historical information and knowledge that has been accumulated from similar previous programs/projects and from other sources of information.
- Maintain the Risk Register, which has the criteria for the combination of probability and impact and establishes a classification of high risk, medium risk and low risk for assessed risks.
- Maintain a log of decisions made that correspo

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