Risk Management, Planning, Scheduling & Costing (Power Utility Sector)
Job Type: Contract
Payroll Company: Randstad India
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Duration: 9 Months,
Job Purpose:
Oversee and implement effective project planning, risk assessment, cost management, and scheduling activities for power generation, transmission, and distribution projects, ensuring timely delivery, budget control, and compliance with utility standards and regulations.
Key Responsibilities:
1. Project Planning & Scheduling
Develop and maintain detailed project schedules using Primavera P6 / MS Project.
Establish baselines, track project progress, and report schedule deviations.
Integrate engineering, procurement, construction, and commissioning timelines.
Identify critical paths and propose corrective actions to mitigate delays.
Coordinate with cross-functional teams (engineering, procurement, site execution, finance).
2. Risk Management
Develop and implement risk management frameworks in line with ISO 31000 / utility standards.
Identify potential project and operational risks, quantify their impact, and develop mitigation strategies.
Maintain risk registers and conduct regular risk review workshops.
Support management in decision-making through risk-based performance insights.
3. Cost Estimation & Control
Prepare project cost estimates and budgets for CAPEX and OPEX components.
Monitor cost performance against approved budgets and forecasts.
Support procurement teams in bid evaluations and cost benchmarking.
Generate cost variance reports and recommend cost-optimization measures.
Ensure adherence to utility financial governance and audit requirements.
4. Performance Monitoring & Reporting
Develop KPI dashboards for schedule, cost, and risk indicators.
Prepare monthly project performance and progress reports for leadership.
Support earned value analysis (EVA) to track schedule and cost efficiency.
Present insights for management review and regulatory reporting.
Qualifications:
Experience:
Enough experience in power utility / EPC / transmission & distribution / generation projects.
Strong exposure to project controls, risk assessment, and cost management systems.
Hands-on experience in Primavera P6, MS Project, Excel-based cost models.
Key Skills:
Project risk analysis and mitigation planning
Cost estimation and variance analysis
Scheduling and critical path analysis
Knowledge of regulatory frameworks (CEA, CERC, state utilities)
Data-driven reporting and analytics
Strong coordination and stakeholder management skills
If you're interested kindly share your updated resume with the below details
Does the above Job Description suit your experience?
Accept to work RANDSTAD Payroll 9 MONTH.
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