Richard Sutor
Project Risk Manager @OneSubsea
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WORK HISTORY
Project Risk Manager @OneSubsea
Leeds, GB
Leading monthly risk and opportunity reviews for many projects at both system and package levels ahead of monthly project review meetings- Using the internal OneSubsea Risk and Opportunity Management package CRITER to score risks with three point estimates and track, manage and mitigate risks- Carry out monthly Cost Risk Analysis using Monte Carlo Simulation tool @Risk to provide current risk contingency values and margin enhancement opportunities for multiple projects- Carry out monthly Schedule Risk Analysis using Monte Carlo simulation tool Pertmaster to provide data for Liquidated Damages (LD) calculations using calculated P90 dates vs project contract milestone dates and project LD terms to calculate LD values for multiple projects- Preparation of monthly risk data files for multiple projects for upload to Power BI for Monthly Project Reviews to Senior OneSubsea Management to advise on key risks and to direct Project Management where to focus mitigation effort- Coordinate with Tendering teams to assess risks at system and package levels for tenders; carry out Cost Risk Analysis and Schedule Risk Analysis to calculate tender risk contingency values and to identify and quantify key opportunities- Part of a small team responsible for the efficient roll out of a global Risk Management training program, leading interactive training to audiences in multiple global locations with different levels of experience. Topics included Project Risk Management principles for best practice which was aligned to PMI, and clear guidance on the OneSubsea internal risk and opportunity system CRITER.
EDUCATION
University of Birmingham
Bachelor of Engineering (B.Eng.), Mechanical Engineering
ABOUT RICHARD SUTOR
A Project Risk Manager with Chartered Mechanical Engineer status and twenty years experience in oil and gas, manufacturing, valves, nuclear and power.
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