Project Controls Engineer III (Risk Management)

Averro; Rockville (MD); On-site; USD 90,000 - 130,000; Full time

Job summary

Averro is seeking a Project Controls Engineer III (Risk Management) to provide risk-focused project controls across the full lifecycle, interfacing with cost, schedule, estimating, and change management teams. The role emphasizes guiding risk owners, performing quantitative analyses, and communicating conclusions to internal stakeholders and the DOE.

Ideal candidates will have strong ARM, Monte Carlo, and scheduling experience, with a background in engineering and a track record of integrating

Qualifications

• Bachelor's degree in Engineering required.
• 5+ years of experience in a risk management function within project controls.
• Experience building risk registers and supporting a risk manager.
• Proficiency in quantitative risk analysis tools (Crystal Ball, @Risk).
• Experience with scheduling (Primavera P6) and ARM or similar risk register software.
• Proficiency in Microsoft Excel.

Responsibilities

• Guide risk owners and PCEs through the full risk lifecycle: identification, documentation, quantification, review, and closure.
• Lead quantitative risk analyses (Monte Carlo, SRA, CRA) for DOE reporting and internal use.
• Maintain risk registers in ARM or equivalent software and integrate risk with cost and schedule data.
• Produce risk-based forecasts and risk dashboards for management and customers.
• Coordinate with change management and scheduling teams to connect risk outputs to schedules.

Skills

Risk management

Quantitative risk analysis

Excel

Stakeholder communication

Project controls

Education

Bachelor's degree in Engineering

Tools

Crystal Ball

@Risk

Active Risk Manager (ARM)

P6 (Primavera)

Job description

Title: Project Controls Engineer III (Risk Management)

Our advanced nuclear client is searching for a Project Controls Engineer III (Risk Management) to join their team!

Employment Type: Direct Hire

Role Overview

This role provides project controls support to program and project leadership, with a specialized focus on risk management across the full project lifecycle. The ideal candidate will guide risk owners, perform quantitative analysis, and serve as a bridge between cost, schedule, estimating, and change management teams - ensuring risks are identified, quantified, tracked, and communicated effectively to internal stakeholders, the company, and external clients including the Department of Energy (DOE).

Reporting Cadence & Key Interactions

Reporting Obligations

• Monthly reporting cadence to the company


• Quarterly reporting cadence to the DOE, the company, and the customer

Key Internal Partners

• Cost Estimating - integrate risk cost values with cost estimates


• Scheduling / Planning - incorporate risk into schedule uncertainty; connect risk products to the schedule


• Change Management - when a risk is realized, support the change request proposal process and assess portfolio impact


• PCEs (Project Control Engineers) and individual risk owners - guide monthly risk review process, voting, and data entry

Core Responsibilities

• Guide risk owners and PCEs through the full risk lifecycle: identification, documentation, quantification, committee review/voting, and closure


• Assist other teams in drafting risks - ensuring required data fields are captured for committee discussion and approval


• Lead and perform quantitative risk analysis (Monte Carlo simulations, schedule risk analysis [SRA], cost risk analysis [CRA]) for DOE reporting and internal use


• Develop, maintain, and manage the risk register in Active Risk Manager (ARM) or equivalent software


• Produce monthly data sets combining risk cost values with cost estimates and schedule uncertainty into a unified risk register


• Conduct risk-informed analysis of project schedules and cost baselines; integrate risk mitigation strategies and contingency planning


• Produce technical reports and executive summaries with probability distributions, sensitivity analyses, and Monte Carlo simulation results


• Create and distribute risk dashboards and KPIs tracking exposure trends, mitigation effectiveness, and emerging risk areas


• Support development of risk-adjusted forecasts and Estimates at Completion (EAC)


• Coordinate with change management to assess how realized risks affect the overall risk portfolio


• Work closely with the scheduling team to understand and build connections between risk products and project schedule outputs

Minimum Qualifications

Education

• Bachelor's degree in Engineering required

Experience

• 5+ years of experience in a risk management function within project controls


• Experience building risk registers, assisting a risk manager, leading risk management independently


• Experience may include design-side risk, but candidate must have transitioned into project controls


• Proficiency in quantitative risk analysis tools - Crystal Ball strongly preferred; @Risk or equivalent acceptable


• Experience with scheduling software (P6 preferred); bonus if candidate can demonstrate connections between scheduling outputs and risk analysis


• Experience with Active Risk Manager (ARM) or similar risk register software (ARM supports risk registers, bow-tie analysis, SRA, quantitative analysis, audit/compliance, dashboards)


• Proficiency in Microsoft Office Suite, particularly Excel (used for quantitative data sets and analysis)

Preferred Industry Background

• Construction - large-scale / mega-projects: of strong interest given the upcoming construction phase (permitting, land, build-out)


• Power plants, large industrial projects, or other complex capital project environments also of interest


• Medical/quantitative or adjacent energy sectors