Senior Analyst – Capital Project Cost & Risk Management

Job Title: Senior Analyst – Capital Projects Risk Management

Skill Required: IX Intelligent Capital Project Operations – Low Carbon Grid Capital
Experience: 5–8 Years
Qualification: B.E./B.Tech in Electrical Engineering
Industry: Power & Energy / Utilities / EPC / Transmission & Distribution
Department: Project Management / Risk Management

Job Summary

We are seeking an experienced Senior Analyst – Capital Projects Risk Management to support risk identification, assessment, mitigation, and monitoring for capital projects across power generation, transmission, distribution, and low-carbon grid infrastructure.

The successful candidate will work closely with project managers, engineering teams, procurement, and other stakeholders to identify potential project risks, develop mitigation strategies, maintain risk registers, and provide data-driven insights to support project delivery within approved budgets and timelines.

Key Roles and Responsibilities

1. Develop and implement project risk management frameworks aligned with ISO 31000, organizational policies, and applicable utility standards.

2. Facilitate risk identification workshops with project stakeholders to identify risks related to project scope, cost, schedule, resources, procurement, and execution.

3. Maintain and update Risk, Assumptions, Issues, and Dependencies (RAID) registers.

4. Assess risks based on likelihood, impact, severity, and overall exposure.

5. Develop risk mitigation strategies, contingency plans, and recovery actions in coordination with project teams.

6. Monitor risk triggers, emerging threats, residual risks, and the effectiveness of mitigation measures.

7. Assign risk owners, track mitigation actions, and ensure timely closure of identified risks.

8. Prepare risk dashboards, heat maps, risk reports, and executive-level presentations.

9. Conduct risk reviews and support project governance meetings, escalation forums, and management reviews.

10. Perform scenario analysis and support quantitative risk assessments to evaluate potential cost and schedule impacts.

11. Collaborate with planning and cost control teams to evaluate project delivery risks and recommend corrective actions.

12. Maintain risk documentation, capture lessons learned, and contribute to continuous improvement of risk management processes.

Required Skills

• 5–8 years of experience in project risk management, project controls, or capital project management.

• Experience in Power Utilities, EPC, Power Generation, Transmission & Distribution, or low-carbon grid projects.

• Strong knowledge of risk identification, assessment, mitigation, and monitoring methodologies.

• Understanding of ISO 31000 and enterprise or project-level risk management frameworks.

• Experience maintaining RAID registers, risk matrices, and risk heat maps.

• Knowledge of project cost estimation, scheduling, and variance analysis.

• Hands-on experience with Primavera P6, Microsoft Project, and Advanced Excel.

• Understanding of CEA, CERC, and State Utility regulatory frameworks.

• Strong analytical, reporting, communication, and stakeholder management skills.

Preferred Qualifications

• Bachelor's degree in Electrical Engineering.

• Certification or training in Project Management, Risk Management, or Cost Control is preferred.

Candidate Profile

The ideal candidate will have practical experience in identifying and mitigating risks across complex capital projects. They should be comfortable working with cross-functional teams, analyzing project data, preparing management reports, and recommending preventive actions to improve project delivery performance.

Important Note: PAN and Date of Birth (DOB) are required for profile creation, subject to applicable organizational policies and data privacy requirements.