Compare Riskturn and Project - Apr 2023

Shlomi Lavi

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Bottom Line: Which is Better - Riskturn or Project?

Riskturn is more expensive to implement (TCO) than Project, and Project is rated higher (82/100) than Riskturn (81/100). Riskturn offers users more features (8) than Project (4).

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:

RISKTURN Inc. Vs. Shuttleworth Consulting Services

RISKTURN Inc.: RISKTURN is the first software dedicated to the probabilistic forecast of future cash flows. RISKTURN clients, either experts or not in quantitative risk management, are all enthusiastic about having an intuitive interface to create a set of advanced investment valuation criteria such as CFaR, VaR, probabilistic NPV, IRR, ROI.

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? Riskturn 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 Riskturn and Project Risk Manager.

Riskturn price starts at $95 per license/month , On a scale between 1 to 10 Riskturn is rated 4, which is 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: Riskturn cost is around the same cost of Project Risk Manager.

Which software includes more/better features?

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

Riskturn: Version Control, Data analysis, Project Budgeting, Project Portfolio Management, Capital Asset Planning, Forecasting, Budgeting & CPM, Step/Decision Rule Definition.

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

Target customer size

The usual customers of Riskturn software are the business entities in small to medium-sized businesses (SMBs) and even enterprises needing the assistance from IT industry, mainly in the field of financial planning and forecasting.

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