Cost / Schedule Risk Analyst - MEAC

The Role

This is an exciting opportunity for an experienced Cost/Schedule Risk Analyst with a proven track record in risk management for a high-profile projects with ADNOC.

Our Clients and Projects

Designing the future. Transforming the world

Wood's Oil, Gas & New Energies business is built on a strong legacy of delivering large and complex projects for national and international energy companies across the globe. We have experienced teams, a proven delivery model and a strong reputation.

We are the market-leading provider of integrated and innovative solutions that challenge the status-quo in the oil and gas upstream and midstream, onshore and offshore, gas to liquids and decarbonization and electrification markets. We pride ourselves in steady and predictable delivery, setting our sights on an exciting growth trajectory.

Energy security, transition and supply have never been more important. You, our enabling teams, are at the very forefront of transformative projects that are providing sustainable power to generations to come. We are the ones to bring low-carbon concepts to reality.

What we can offer

• Meaningful and interesting projects : Delivered to high profile clients across the Energy Sector
• Commitment to Diversity and Inclusion: We are an organization actively committed to diversity and inclusion across our business
• Competitive remuneration package: With regular reviews to ensure we are rewarding at the right level in line with the market
• Medical Insurance: Ensures inpatient, and outpatient medical care is available should you require treatment
• Group Life and Personal Accident Insurance : The company provides Life Assurance cover
• End of Service Gratuity : In line with UAE Labor Law, all employees are eligible for an End of Service benefit
• The Employee Share Plan: Gives you the opportunity to purchase Wood shares and receive a match from the company
• Long Service Award: Wood values the commitment and loyalty of our people. Celebrating Long Service provides an opportunity for the business to demonstrate their appreciation of the hard work, dedication and many years’ service of our employees at 5 year service milestones
• Commitment to continued professional development : Development plans that are tailored to your individual needs and interests
• Global connections: Join experts around the world who are at the leading edge of our industry, shaping the standards of our profession
• Energy Transition Academy: Join a community of experts sharing your knowledge and gaining more exposure to a variety of existing and emerging energy systems – delivered by experts in their field

Job Objective

The Cost/Schedule Risk Analyst is responsible for identifying, assessing, monitoring, and mitigating project risks across all phases of an EPCM oil & gas project. The role ensures that technical, commercial, schedule, and operational risks are proactively managed to support successful project delivery within budget, schedule, and quality requirements.

Risk Management & Identification

• Develop and implement the Project Risk Management Plan in line with company and client standards
• Identify potential risks across engineering, procurement, construction, and commissioning phases
• Facilitate risk identification workshops (risk review workshops, brainstorming sessions, etc.)
• Establish and maintain a comprehensive Risk Register
• Evaluate risks related to cost, schedule, safety, and technical performance

Mitigation & Control

• Develop risk mitigation and contingency plans with risk / action owners
• Work closely with engineering, procurement, and construction teams to reduce exposure
• Ensure integration of risk responses into project schedules and execution plans
• Monitor effectiveness of mitigation strategies and adjust as necessary

Monitoring & Reporting

• Track identified risks and ensure mitigation actions are implemented
• Regularly update and review the Risk Register with stakeholders
• Prepare and present risk reports, dashboards, and KPIs to project management and client
• Highlight critical risks and escalation items to senior leadership

Quantitative Risk Analysis & Assessment

• Deep technical expertise in Cost & Schedule Risk Analysis (CRA & SRA), including hands on experience of complex risk models for major capital projects
• Proven ability to define and validate inputs and actively challenge & refine inputs in collaboration with planning & project teams
• Ability to interpret and explain outputs in detail, including confidence levels, sensitivities and risk drivers
• Experience of presenting and defending results to senior stakeholders and clients under scrutiny; providing robust, evidence based recommendations
• Experience in the assurance and validation of quantitative risk analysis outputs, in line with client or industry governance requirements

Interface & Coordination

• Liaise with Project Controls, Planning, Cost, HSE, and Engineering teams
• Support contract and commercial teams in evaluating contractual risks
• Participate in client meetings, audits, and risk reviews / workshops
• Ensure alignment with client risk management expectations and reporting formats

Compliance & Governance

• Ensure adherence to company risk management frameworks and industry best practices
• Support internal and external audits related to risk management
• Maintain proper documentation and audit trails for all risk-related activities

Qualifications & Experience

• Bachelor’s degree
• 15+ years of experience in oil & gas projects, preferably within EPC/EPCM environments
• Proven comprehensive experience in project risk management
• Demonstrated experience with tools such as Deltek Acumen Fuse Risk, Primavera Risk Analysis (PRA), @Risk, Safran Risk, or similar
• Strong understanding of large-scale, multi-discipline complex projects

Key Skills & Competencies

• Strong analytical and problem-solving skills
• Excellent knowledge of risk assessment methodologies
• Ability to interpret complex project data and translate into actionable insights
• Effective communication and stakeholder management
• High attention to detail and proactive mindset

Optional / Preferred Certifications

• PMI-RMP (Risk Management Professional)
• PMP (Project Management Professional)
• ISO 31000 Risk Management knowledge

Wood is a global leader in consulting, engineering and operations for the energy and materials sectors. With 33,000 people in around 50 countries, Wood supports clients across the full asset lifecycle, delivering safe, predictable outcomes while enabling resilient operations and a lower carbon future.

Wood forms the Energy & Materials pillar of Sidara - a global partnership uniting leading multidisciplinary engineering, design, and project management companies. www.woodgroup.com

Diversity Statement

We are an equal opportunity employer that recognises the value of a diverse workforce.

All suitably qualified applicants will receive consideration for employment on the basis of objective criteria and without regard to the following (which is a non-exhaustive list): race, colour, age, religion, gender, national origin, disability, sexual orientation, gender identity, protected veteran status, or other characteristics in accordance with the relevant governing laws.