Project Controls Risk Manager

Pegasus Search & Selection; United Kingdom; Hybrid; GBP 65,000 - 95,000; Full time

Job summary

Pegasus Search & Selection is seeking an experienced Project Controls Risk Manager to join a leading UK construction consultancy. You will lead quantitative and qualitative risk analyses, guide risk identification workshops, and integrate risk insights into project planning and cost forecasting across large infrastructure programmes.

The role requires strong facilitation, analytical skills, and proficiency with risk tools.

Qualifications

• Proven risk management experience on large infrastructure or construction projects.
• Hands-on experience with QSRA and QCRA.
• Experience with Primavera Risk Analysis, Safran Risk, ARM, or similar tools.
• Strong understanding of project controls: planning, cost management, and reporting.
• Excellent facilitation and stakeholder engagement skills.
• Knowledge of probabilistic modelling and integrated risk management for large programmes.
• Relevant certifications (APM Risk Certificate, RICS, PMI-RMP) desirable.
• Degree in engineering, construction management, or related field preferred.

Responsibilities

• Lead and deliver comprehensive risk management services for major infrastructure and construction projects.
• Conduct Quantitative Risk Analysis (QRA), including QSRA and QCRA, to assess potential impacts and advise on mitigations.
• Facilitate risk identification workshops and support risk registers development.
• Collaborate with project controls teams to integrate risk analysis into planning, cost forecasting, and reporting.
• Develop and implement risk management frameworks and strategies tailored to client needs.
• Provide insightful risk reporting to support decision-making at all project levels.
• Mentor junior team members and share knowledge and best practices.
• Stay updated on industry developments, methodologies, and tools and integrate them into work.

Skills

Risk management

Project controls

Facilitation

Analytical thinking

Quantitative risk analysis

Qualitative risk assessment

Communication

Probabilistic modelling

Education

Engineering degree

Tools

Primavera Risk Analysis

Safran Risk

ARM

P6

@RISK

Job description

Locations

Br/ Bristol, London, North West, Manchester, Cardiff, Bridgwater, Nottingham, Oxford, Cambridge, Birmingham, Derby, Sheffield, Edinburgh, Glasgow and Leiston

The Client

A leading UK construction consultancy with a reputation for delivering exceptional results on some of the nation’s most complex and high-profile infrastructure and construction projects. Their collaborative and innovative approach empowers their teams to drive success for clients while fostering personal and professional growth.

The Opportunity

They are seeking an experienced and dynamic Project Controls Risk Manager to join their growing team. You will play a pivotal role in delivering effective risk management on large infrastructure or construction projects. Working closely with multidisciplinary teams, you will provide expert guidance on qualitative and quantitative risk analysis, helping clients manage uncertainties and achieve project objectives.

Key Responsibilities

• Lead and deliver comprehensive risk management services for major infrastructure and construction projects.
• Conduct Quantitative Risk Analysis (QRA), including both Schedule Risk Analysis (QSRA) and Cost Risk Analysis (QCRA), to assess potential project impacts and advise on mitigation strategies.
• Facilitate risk identification workshops and support the development of risk registers.
• Collaborate with project controls teams to integrate risk analysis into project planning, cost forecasting, and reporting.
• Develop and implement risk management frameworks and strategies tailored to client needs.
• Provide insightful risk reporting to support decision-making at all project levels.
• Support and mentor junior team members, sharing knowledge and best practices.
• Maintain awareness of industry developments, methodologies, and tools, and integrate these into your work.

About You

• Proven experience in risk management on large infrastructure or construction projects, ideally within consultancy, client, or contractor environments.
• Knowledge of QSRA and QCRA, with hands‑on experience using risk management tools such as Primavera Risk Analysis, Safran Risk, ARM, or similar.
• Solid understanding of project controls processes, including planning, cost management, and reporting.
• Excellent facilitation and communication skills to engage stakeholders and foster collaboration.
• Analytical mindset with a proactive approach to problem‑solving.
• Qualitative and quantitative assessment of risk, a working understanding of an integrated risk management process (risk, cost and schedule) on a large programme, risk workshop facilitation, threat mitigation and opportunity exploitation, probabilistic modelling (@risk, PRA and P6 proficiency – or equivalent).
• Relevant professional qualifications or certifications (e.g., APM Risk Certificate, RICS, PMI‑RMP) are desirable.
• A degree in engineering, construction management, project management, or a related field is preferred.

Why Join Us

• Opportunity to work on landmark infrastructure and construction projects across the UK.
• A collaborative and inclusive work environment that values innovation and professional growth.
• Competitive salary and benefits package, including opportunities for continued professional development.
• Flexibility to balance office, site, and remote working.

How to Apply

If you’re ready to take on this exciting challenge and help shape the future of infrastructure and construction in the UK, we’d love to hear from you. Submit your CV outlining your relevant experience here.