Risk Manager (RM) Hybrid

Risk Manager (RM)

• Develop and maintain the Risk Management Plan (RMP) in alignment with DOE O 413.3B, DOE G 413.3-7A, and Argonne s Earned Value Management System (EVMS).
• Identify potential risks and opportunities throughout the project lifecycle using structured techniques and stakeholder input.
• Document risks in the Risk Register using standardized formats such as IF/THEN statements and defined triggers.
• Assign and update risk ownership by designating responsible individuals for managing each identified risk item.
• Perform qualitative and quantitative risk assessments, including probability, impact scoring, and Monte Carlo simulations as needed.
• Use Primavera Risk Analysis and other risk analysis tools to conduct cost and schedule impact assessments and evaluate contingency requirements.
• Categorize and score risks using approved risk matrices to determine severity and required response actions.
• Develop and document risk response strategies, including accept, avoid, reduce, transfer, exploit, or enhance approaches.
• Continuously monitor and update the status of risks, tracking triggers, changes in probability or impact, and mitigation progress.
• Provide regular risk reports such as mitigation status, proximity reports, and change control logs, with frequency based on project phase and PEP requirements.
• Support project decision-making and change control processes by integrating risk information into baseline management and performance reviews.
• Facilitate regular Risk Management Board (RMB) meetings to review critical risks, approve handling strategies, and determine if changes affect scope, cost, or schedule.
• Coordinate with Risk Owners to assess and update risks within their scope of responsibility.
• Ensure risk documentation is kept current and traceable, including RMP revisions, Risk Register updates, and quantitative analysis inputs.
• Determine when contingency and management reserve adjustments are needed based on risk analysis results.
• Ensure risks are integrated with project baseline planning, including WBS alignment and schedule activity mapping.
• Interpret and communicate risk analysis results, such as confidence levels, S-curves, and tornado diagrams, to project leadership and DOE.
• Present risk management and results during all DOE Critical Decision (CD) phases.
• Foster a proactive risk culture by encouraging lessons learned, continuous improvement, and open communication on potential risk threats and opportunities.