Project Risk Manager

Identify, assess, and develop mitigation strategies for risks across a project or project portfolio — ensuring risk is quantified, owned, and actively managed to protect project objectives and organisational value.

• Facilitate project risk identification workshops with project teams and stakeholders
• Maintain the risk register — assessing probability, impact, and risk ratings for each risk item
• Develop and monitor risk response plans — avoidance, mitigation, transfer, or acceptance strategies
• Produce risk status reports for project boards and steering committees
• Conduct quantitative risk analysis (Monte Carlo simulations, sensitivity analysis) for major projects
• Identify risk interdependencies across the portfolio and escalate emerging aggregate risks
• Support lessons learned processes to improve risk management on future projects
• Ensure project risk management practices align with enterprise risk management (ERM) frameworks

Large infrastructure projects (road, energy, port), IT transformation programmes, and financial services. In Sri Lanka, Project Risk Managers are most needed in government infrastructure megaprojects (expressways, power plants, port expansion), large IT transformation programmes in banks, and construction firms working on complex multi-party contracts. Still an emerging role in many SL organisations.