# Project Risk Manager Software Pricing, Alternatives & More 2026 | Capterra

> With the help of Capterra, learn about Project Risk Manager Software - reviews, pricing plans, popular comparisons to other Risk Management products and more.

Source: https://www.capterra.com/p/157524/Project-Risk-Manager

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# 

 Project Risk Manager Software Review 2026: Features, Reviews, Integrations, Pros & Cons

Last updated on March 13, 2026

Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team.

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[Description](#description)[Use cases](#use-cases)[Alternatives](#alternatives)[Features](#features)[Pricing](#pricing)[Support](#support)[Reviews](#reviews)

Project Risk Manager

## What is Project Risk Manager?

Project Risk Manager is a risk management software designed to help teams identify, analyze, and mitigate project risks efficiently. It features an intuitive interface for customizing risk matrices, severity thresholds, probability ranges, and impact categories to fit organizational needs. The software ensures secure data management with AES-256 encryption and regular backups, while its cloud-based architecture allows access from any device via web browsers, fostering team collaboration. Key features include automatic risk alerts for critical dates, smart search, and filtering for navigating large risk registers, and detailed reporting tools with customizable dashboards and charts. Additionally, the application supports multiple organizations with tailored parameters, making it adaptable to diverse project environments. Combining robust security and user-friendly design, Project Risk Manager simplifies risk management for projects of all complexities.

## What is Project Risk Manager used for?

[Risk Management](https://www.capterra.com/risk-management-software/)

Top alternative

Featured

Overall rating

Based on 6 user reviews

Reviews sentiment

Positive

\-

Neutral

\-

Negative

\-

Starting price

£47

Flat Rate, Per Month

Free trial  
available

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## Compare with a popular alternative

Capterra selects software alternatives based on relevant features, verified user reviews and user interactions. Placement may be influenced by client status.

### Project Risk Manager

4.5 (6)

VS.

[4.5 (528)](https://www.capterra.com/p/148577/MasterControl/reviews/)

Starting Price

£47

Flat Rate, Per Month

Starting Price

$25000

Other, Per Year

Free Trial

Free Version

Pricing Options

Free Trial

Free Version

Ease Of Use

4.5 (6)

Ease Of Use

4.1 (527)

Value For Money

4.8 (6)

Value For Money

4.2 (429)

Customer Service

4.7 (6)

Customer Service

4.5 (492)

## Project Risk Manager alternatives

Highest Rated

[4.9 (32)](https://www.capterra.com/p/10014089/modONE/reviews/)

Starting price

$149.00

Per User, Per Month

Pricing Options

Free Trial

Free Version

User Rating

100%

of reviewers

rated it above 4 stars

[4.6 (39)](https://www.capterra.com/p/151388/teammate-risk-compliance/reviews/)

Starting price

$0.01

Per User, Per Month

Pricing Options

Free Trial

Free Version

User Rating

97%

of reviewers

rated it above 4 stars

[4.7 (414)](https://www.capterra.com/p/148230/SOXHUB/reviews/)

Starting price

Contact vendor for pricing

Pricing Options

Free Trial

Free Version

User Rating

98%

of reviewers

rated it above 4 stars

[4.6 (353)](https://www.capterra.com/p/141080/iAuditor/reviews/)

Starting price

$29.00

Per User, Per Month

Pricing Options

Free Trial

Free Version

User Rating

95%

of reviewers

rated it above 4 stars

[View all alternatives](https://www.capterra.com/p/157524/Project-Risk-Manager/alternatives/)

## Features

Features with the highest number of reviews are displayed first. Those that have no reviews appear next, sorted alphabetically.

Compliance Management

5.0 (1)

100.00% of 1 reviewers that rated this feature as important or highly important

Track and manage adherence to policies for any service, product, process, or supplier

Corrective and Preventive Actions (CAPA)

5.0 (1)

100.00% of 1 reviewers that rated this feature as important or highly important

Investigate and take action at root cause or error in processes to prevent recurring issues

Dashboard

5.0 (1)

100.00% of 1 reviewers that rated this feature as important or highly important

Assembly of graphs and charts for visualizing and tracking statistics/metrics

Legal Risk Management

5.0 (1)

100.00% of 1 reviewers that rated this feature as important or highly important

Manage the risk of both financial and reputational loss resulting from nonadherence to current legislation

Operational Risk Management

5.0 (1)

100.00% of 1 reviewers that rated this feature as important or highly important

Manage risk that occurs from systems failure or inadequate processes

Risk Assessment

5.0 (1)

100.00% of 1 reviewers that rated this feature as important or highly important

Initiate collection and analysis of known risks

Project Risk Manager 14 features

Track and document all activities across devices, networks, and other systems

Alerts or notifications of various types such as pop-up messages, sounds, banners, or badges

Track and manage adherence to policies for any service, product, process, or supplier

Investigate and take action at root cause or error in processes to prevent recurring issues

Assembly of graphs and charts for visualizing and tracking statistics/metrics

Store, manage and track all forms in a centralized location

Ensure internal objectives and compliance with policies are met

Manage the risk of both financial and reputational loss resulting from nonadherence to current legislation

Access software remotely via mobile devices

Manage risk that occurs from systems failure or inadequate processes

Identify, monitor, and assess risks to brands

Analyze potential risks across the organization

Initiate collection and analysis of known risks

Reporting of risks associated with specific actions, events, or entities

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Features

4.3 (6)

4.3

Based on 6 reviews

## Pricing

Value for money

4.8 (6)

Free Trial

Basic

£47.00

Flat Rate,Per Month

Value for money

4.8 (6)

4.8

Based on 6 reviews

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## Support, customer service and training options

Customer Service

4.7 (6)

Support

-   Email/Help Desk
-   FAQs/Forum
-   Knowledge Base
-   Phone Support
-   24/7 (Live rep)
-   Chat

Training

-   In Person
-   Live Online
-   Webinars
-   Documentation
-   Videos

Deployment

-   Web
-   Android
-   iPhone/iPad

Typical users

-   Freelancers
-   Small businesses
-   Mid size businesses
-   Enterprises

Customer Service

4.7 (6)

4.7

Based on 6 reviews

## User reviews

Overall rating

4.5

Based on 6 reviews

Filter by rating

5(4)

4(1)

3(1)

2(0)

1(0)

Mentioned topic

Sorted by most recent

JS

Jelfry S.

Security and Risk Manager

Consumer Services

### "No more risk at your projects"

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

March 11, 2025

I am very pleased with Project Risk Manager, they offer a wide solution for all our needs. Very secure and accurate.

Pros

The most I like bout Projet Risk Manager its user-friendly design and structured approach to risk assessment. It provides a clear process for identifying, categorizing, and ranking risks, making it accessible even for teams that may not have extensive experience with formal risk management.

Cons

I haven't find any mayor drawbacks yet, but the fact that I can not use it from my phone is very limited.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

Ronald O.

Project Manager

Airlines/Aviation

### "Taking Risk Management to the professional level it should be."

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

4.0

4.0

Customer Service

5.0

5.0

Likelihood to Recommend

9/10

November 21, 2018

Unfortunately I have not been able to use the PRM software to the full extend yet, but my impatient character (like many PM´s have) did not let me escape to personal xls risk files I have had over past years. This software helps me to take risk management to the level of importance where it should be. In each and every company still counts that 20% of the projects still consumes 80% of the company’s profit.

Pros

Logging the risks are usually done by self-made xls document only the author understands. PRM is able to visualize the risks in various way to brief management or back/up action in the project team. Furthermore it is a rather complete check box for risk validation in various aspects. The software allows you to do in depth analysis by building a pyramid of consequential risks.

Cons

Downsizing the scope of the risk management is not easy to configurate. The flexibility that xls documents have, would be an improvement for updates. Some project have a need to risk the wellbeing of personnel and others much more value the risk on reputation for the client entity. More self-programming features would be added value.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

AU

Anonymous User

Risk Manager

Construction

### "Simple and light yet good software"

3.0

Overall Rating

3.0

3.0

Ease of Use

4.0

4.0

Features

4.0

4.0

Customer Service

4.0

4.0

Likelihood to Recommend

8/10

November 21, 2018

Pros

Easy to install, simple to use and doesn’t take much ram

Cons

Nothing that I have experienced yet, maybe in the future

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

RS

Rowan S.

Director

Civil Engineering

### "Finally a Practical Project Risk Management Application!"

5.0

Overall Rating

5.0

5.0

Ease of Use

4.0

4.0

Features

4.0

4.0

Customer Service

5.0

5.0

Likelihood to Recommend

10/10

November 13, 2018

A very useful and practical application, which I will use on all my project from now on.

Pros

The software is very intuitive and helps in the efficient management of project risks by accurately identifying risk threats and impacts, as well as the actions needed to mitigate them. Users are automatically sent reminders when actions need to be taken.

Cons

Getting the most out of the application requires reading through the user manual several times to fully understand all the software features and how they work.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

JL

Jean-Nicolas L.

Researcher

Oil & Energy

### "Must have software, not loosing your time"

4.0

Overall Rating

4.0

4.0

Ease of Use

4.0

4.0

Features

4.0

4.0

Customer Service

5.0

5.0

Likelihood to Recommend

8/10

November 13, 2018

I have been using Project Risk Manager for Project application in Academia and Industry. It really made the project path clearer.

Pros

Very easy to use and quite well organised so you can easily set up all your risks for a project. Everything is tunable so one could title every steps of a project accordingly

Cons

The visual reporting is somehow not easy to use (except of the risk timeline). The pdf reporting of the risks is good but too long. I am missing a condensed view of the entire project.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

Response from Vendor

November 14, 2018

Dear Jean-Nicolas, Thank you for your positive review of our Project Risk Manager application. We have taken note of your comments on visual reporting and are working to improve this. With regards to having a condensed view of the entire project, we do provide a dashboard report under the "Reports" menu specifically for this purpose. The dashboard report is also customisable to a degree, but we are always looking for ways to improve this as well. If you have any suggestions on how you think the dashboard report could be improved to provide a better overview of the entire project, we would love to hear from you. Best regards, The PRM Support Team

DA

David A.

Project Manager

### "This is very very useful Risk Management Software."

5.0

Overall Rating

5.0

5.0

Ease of Use

5.0

5.0

Features

5.0

5.0

Customer Service

4.0

4.0

Likelihood to Recommend

0/10

April 9, 2018

Pros

I think this is an excellent software for managing risks. It is important to me to have risk management but many Project Management Software's do not have an area dedicated to risk management. This software saves the day. It is easy to use and covers all of the necessary areas of risk management.

Cons

The only thing I think would make this perfect would be a web based application and a nice mobile. many times I have run across risks in the filed and would like to be able to use my phone to update some risks or list new risks.

Review source

Incentivized review: software users are invited to submit an honest review and offered a nominal incentive for their time and effort. All incentivized reviews are subject to our verification process prior to publication.

Response from Vendor

April 10, 2018

Thanks for your fantastic review David. You have also raised a very valid point on the need for our app to have a mobile version. This is something that we are currently working on, and hope to have the mobile version released in the not too distant future. In terms of it being web based, we think we have covered this to a degree by having all risk data stored on the cloud. This means that as long as you have the app installed on your PC or laptop, you can add or edit risks at any time or location, whether you are online or offline. If you are offline, your changes will be saved and syncronised with the cloud server as soon as you are online again. We hope you will continue to find our app useful, and we will certainly look at implementing any improvement suggestions you may have as you continue to use the app.

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Independent research methodology

Capterra's researchers use a mix of verified reviews, independent research and objective methodologies to bring you selection and ranking information you can trust. While we may earn a referral fee when you visit a provider through our links or speak to an advisor, this has no influence on our research or methodology.

[Learn more](https://www.capterra.com/resources/proprietary-data-research/)

How Capterra verifies reviews

Capterra carefully verified over 2.5 million+ reviews to bring you authentic software experiences from real users. Our human moderators verify that reviewers are real people and that reviews are authentic. They use leading tech to analyze text quality and to detect plagiarism and generative AI.

[Learn more](https://www.capterra.com/resources/how-we-verify-reviews/)

How Capterra ensures transparency

Capterra lists all providers across its website—not just those that pay us—so that users can make informed purchase decisions. Capterra is free for users. Software providers pay us for sponsored profiles to receive web traffic and sales opportunities. Sponsored profiles include a link-out icon that takes users to the provider's website.

[Learn more](https://www.capterra.com/resources/how-we-ensure-transparency/)