Risk Manager

Duties and Responsibilities

Risk Identification:

• Identify and assess potential risks associated with specific construction projects.
• Consider factors such as project scope, design, site conditions, environmental factors, and regulatory requirements.

Contract Review and Risk Allocation:

• Evaluate and assess risks associated with contracts, including terms and conditions.
• Allocate and manage risks appropriately among project stakeholders, including contractors, subcontractors, and suppliers.

Risk Assessment and Prioritization:

• Analyze each identified risk, assessing its likelihood and potential impact on cost, schedule, safety, and quality. Prioritize risks based on severity and develop mitigation strategies accordingly.

Safety and Health Risk Management:

• Implement safety protocols and procedures to mitigate health and safety risks on construction sites.
• Monitor compliance with safety regulations and industry standards.

Cost Estimation and Budgeting:

• Evaluate and estimate potential cost overruns and budget risks.
• Develop contingency plans and budgets to address unforeseen expenses.

Environmental and Regulatory Compliance:

• Evaluate environmental risks associated with construction activities.
• Ensure compliance with environmental regulations and obtain necessary permits.

Quality Control and Defects Management:

• Implement quality control measures to minimize the risk of defects and rework.
• Develop processes for identifying, addressing, and rectifying construction defects.

Technology and Innovation Risks:

• Assess risks associated with the use of new technologies and innovative construction methods.
• Stay abreast of industry advancements and potential risks associated with technology adoption.