EPCm Firm Expands Risk Management Services for Capital Projects
Nexus Engineering Group Expands Project Risk Management Services with Addition of Gregory Ray, MBA
Cleveland, OH, September 2026 – Nexus Engineering Group, a full-service independent EPCm firm, is pleased to announce that Gregory Ray, MBA, has joined the firm as Risk Manager. His addition strengthens Nexus's Project Services & Controls capabilities and enhances the firm's ability to help clients proactively identify, evaluate, and mitigate risks across complex capital projects.
Gregory is an expert in project management best practices, contracting strategies, and data-based decision making, and brings extensive experience in project risk management, quantitative risk analysis, and project controls for industrial large projects and mega projects to Nexus. His background includes more than two decades of supporting high-profile capital programs and portfolios through risk identification, contingency planning, probabilistic forecasting, and executive decision support and guidance via more than 200 large projects and more than 50 mega projects.
He has developed expertise in cost and schedule risk analysis, reliability and risk assessment methodologies, and enterprise risk management frameworks. Most recently, Gregory served in risk management leadership roles supporting gigawatt-scale power generation programs and other complex oil, gas, and infrastructure initiatives, ensuring risk reduction by adherence to assurance processes and structured risk analysis (Latin hypercube sampling, integrated cost risk analysis, quantitative schedule risk analysis, portfolio risk analysis, and creation of risk models for both contingency and management reserve).
Strengthening Risk-Informed Project Delivery
In his role at Nexus, Gregory will work closely with project management, engineering, procurement, construction management, and executive leadership teams to integrate risk management throughout the project lifecycle. From front-end planning through commissioning and startup, he will help clients identify emerging risks, evaluate uncertainty, and implement effective risk reduction strategies that support successful project execution.
His responsibilities will include:
- Leading structured risk identification and mitigation workshops across project teams
- Performing qualitative and quantitative cost and schedule risk analysis
- Developing and maintaining comprehensive risk registers and governance processes
- Supporting contingency planning, forecasting, and risk-informed decision-making
- Producing executive-level reporting, project health assessments, and early warning indicators
- Integrating risk analysis with project controls, cost, schedule, and performance management activities
Gregory's experience aligns closely with Nexus's approach to integrated project delivery, where risk management, assurance, project controls, governance, and performance monitoring work together to improve transparency, forecast accuracy, and mitigate risks to increase probability of successful project outcomes. His ability to translate complex project data into actionable insights will help clients navigate uncertainty and make informed decisions with confidence.
Expanding Project Services & Controls at Nexus
Gregory's addition further enhances Nexus's Project Services & Controls offerings, including:
- Engineering Risk Management
- Cost and Schedule Risk Analysis
- Quantitative Risk Assessment
- Project Controls and Forecasting
- Contingency Planning and Management
- Project Assurance, Governance, and Execution Readiness
"We're excited to welcome Gregory to the Nexus team," said Brendan Shanley, Executive Director of Project Delivery at Nexus Engineering Group. "His extensive experience in risk management, quantitative analysis, and project controls further strengthens our ability to help clients manage uncertainty, improve predictability, and execute complex capital projects successfully."
Investing in Scalable Capital Project Delivery
This appointment reflects Nexus's continued investment in building a highly experienced Project Services organization capable of helping clients manage the increasing scale, complexity, and risk associated with today's capital projects. By expanding its risk management capabilities, Nexus continues to provide the insight, structure, and decision support clients need to successfully deliver critical projects.
