Compare Essential and Project - Apr 2023

Shlomi Lavi

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Bottom Line: Which is Better - Essential or Project?

Project is more expensive to implement (TCO) than Essential, and Project is rated higher (82/100) than Essential (80/100). Project offers users more features (4) than Essential (0).

Looking for the right Risk Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Tracker Networks Vs. Shuttleworth Consulting Services

Tracker Networks: Essential ERM provides you with risk bow ties, risk appetite frameworks, risk thresholds, board reporting module, voting and more!

Shuttleworth Consulting Services: We are a specialist project risk management firm providing consulting, training, workshop facilitating, and software services to a broad range of industries that share a common responsibility. That is: To plan, manage and execute projects with optimal efficiency and minimal exposure to detrimental risk.

Who is more expensive? Essential ERM or Project Risk Manager?

The real total cost of ownership (TCO) of Risk Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Essential ERM and Project Risk Manager.

Essential ERM price starts at $299 per month , On a scale between 1 to 10 Essential ERM is rated 2, which is much lower than the average cost of Risk Management software. Project Risk Manager price starts at $18.78 per user/month , When comparing Project Risk Manager to its competitors, the software is rated 4 - lower than the average Risk Management software cost.

Bottom line: Project Risk Manager is more expensive than Essential ERM.

Which software includes more/better features?

We've compared Essential Vs. Project based on some of the most important and required Risk Management features.

Essential ERM: We are still working to collect the list of features for Essential ERM.

Project Risk Manager: Governance, Risk and Compliance (GRC), Financial Risk Reporting, Operational Risk Management, Reputation Management.

Target customer size

Essential ERM's typical customers include: Small, medium and large size businesses,

Project Risk Manager serves customers from a variety of industries, including construction, engineering, IT, healthcare, finance, and government.