Project Risk Manager - Top Competitors (Apr 2023)

Shlomi Lavi / updated: Apr 13, 2023

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Project Risk Manager vs. Alternatives in 2024

Here is a comparison of Project Risk Manager with five of its competitors:

1. Microsoft Project: Microsoft Project is a project management software that includes a risk management module. Like Project Risk Manager, it allows users to identify and assess risks, develop mitigation strategies, and monitor progress. However, Project Risk Manager has a more robust risk assessment capability, including techniques such as SWOT analysis and probability and impact analysis. Microsoft Project is priced at $10/user/month, while Project Risk Manager's pricing varies depending on the size and complexity of the project.

2. Oracle Primavera: Oracle Primavera is an enterprise-level project management software that includes risk management capabilities. It offers similar features to Project Risk Manager, including risk identification and assessment, mitigation strategies, and monitoring. However, Oracle Primavera is more complex and geared towards larger, more complex projects. It is also more expensive than Project Risk Manager, with prices starting at $3520 per user.

3. Smartsheet: Smartsheet is a cloud-based project management software that includes a risk management module. It offers similar features to Project Risk Manager, including risk identification, assessment, mitigation strategies, and monitoring. However, Smartsheet is more geared towards smaller, less complex projects. It is also less expensive than Project Risk Manager, with prices starting at $7/user/month.

4. Deltek Acumen: Deltek Acumen is a project management software that includes a risk management module. It offers similar features to Project Risk Manager, including risk identification and assessment, mitigation strategies, and monitoring. However, Deltek Acumen is more focused on schedule risk analysis and is geared towards industries such as construction and engineering. It is also more expensive than Project Risk Manager, with prices starting at $500/month.

5. Aha!: Aha! is a product management software that includes a risk management module. It offers similar features to Project Risk Manager, including risk identification and assessment, mitigation strategies, and monitoring. However, Aha! is more focused on product development and is geared towards industries such as software development. It is also less expensive than Project Risk Manager, with prices starting at $59/user/month.

In terms of vendor size, Project Risk Manager is a relatively small company with around 10-50 employees. Its customer base includes a variety of industries, including construction, engineering, IT, healthcare, finance, and government. The cost of implementation for a Project Risk Manager varies depending on the size and complexity of the project.

In conclusion, Project Risk Manager stands out for its comprehensive risk assessment capabilities, user-friendly interface, and real-time monitoring capabilities. While it may be more expensive than some of its competitors, its robust features and flexibility make it a valuable asset for managing project risks effectively.

Project Risk Manager's Free Alternative

RiskyProject Lite is a free version of the larger RiskyProject software. It offers a range of features for risk management, including risk identification, assessment, and mitigation strategies. However, the free version is limited in terms of the number of risks that can be managed and the level of detail provided.

Project Risk Manager Best Alternative for Small Business

LogicManager is a cloud-based enterprise risk management solution that offers features such as risk identification, assessment, and monitoring. It also includes tools for compliance management, incident management, and vendor risk management. One of the main differences between LogicManager and Project Risk Manager is that LogicManager is designed for larger organizations, while Project Risk Manager may be a better fit for small businesses with more limited risk management needs.