Project Management by Team · Researched comparison

Best Project Risk Management Software

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The short answer

Asana is the top pick for most teams because its timelines, portfolios and workload views make risks visible early, with Starter at $10.99 per user per month billed annually. Wrike is the better choice when a team needs formal approvals and proofing around risky work, with Team at $10 per user per month billed annually.

On this page

Key takeaways

  • Asana leads for teams that want timelines, portfolios and workload views to spot risks early, with Starter at $10.99 per user per month billed annually.
  • Wrike suits teams that need approvals, proofing and structured workflows around risky work, with Team at $10 per user per month billed annually.
  • Jira fits software teams that track risks as issues and bugs, with Standard at $8.15 per user per month billed annually.
  • Zoho Projects offers the lowest entry price here at $4 per user per month billed annually, with Gantt charts and critical path on higher plans.
  • Smartsheet suits programmes with many dependencies, with Pro at $9 per user per month billed annually.

Comparison

How these compare
ToolBest forPrice rangeFree plan
AsanaTimelines and portfolios for risk$10.99 per user/month (billed annually)Yes
monday.comVisual risk boards and alerts$9 per user/month (billed annually)Yes
WrikeApprovals and structured risk work$10 per user/month (billed annually)Yes
SmartsheetSheet-based risk registers$9 per user/month (billed annually)Free trial (30 days)
ClickUpRisk tasks and dashboards in one place$9 per user/month (billed annually)Yes
TeamworkClient project risks and budgets$9.99 per user/month (billed annually)Yes
JiraSoftware risks tracked as issues$8.15 per user/month (billed annually)Yes
Zoho ProjectsLow-cost risk tracking for small teams$4 per user/month (billed annually)Yes
NotionRisk registers in docs and databases$10 per user/month (billed annually)Yes
AirtableLinked risk records and views$20 per user/month (billed annually)Yes

How we choose

We reviewed the vendor pricing pages, feature lists and plan comparison tables for each tool in this list, and we compared how risk registers, timelines, approvals and alerts work in each product. We looked at the starting price on annual billing, the free plan or trial terms, the range of views, and the limits that move a feature to a higher plan. We did not claim hands-on testing, and we treated vendor documentation as the source for each price and limit. Prices change, so open the pricing page in the Sources section before you buy.

Written by the Taskreports Editorial Team.

Our full method

The shortlist

★ Best overall

Asana

Best for Timelines and portfolios for risk

  • Clean task lists and timelines
  • portfolios show risk across projects
Price$10.99 per user/month (billed annually)
See Asana pricing

Asana keeps tasks, subtasks, milestones and timelines in a calm layout that suits teams of 5 to 200 people. A risk register can live as a project with custom fields for likelihood, impact, owner and status, and the timeline view shows which risks sit on the critical path. Portfolios on the Advanced plan group related projects so managers can see status, dates and workload across a whole programme, which makes it easier to spot a project that is slipping before it misses a deadline.

The Starter plan starts at $10.99 per user per month billed annually and adds timeline and Gantt views, dashboards, forms, custom fields and unlimited automations. The free Personal plan covers up to 2 users with unlimited tasks and projects. Teams that need portfolios, goals, workload and approvals should check the Advanced plan at $24.99 per user per month billed annually.

Price: $10.99 per user/month (billed annually)

Free plan: Yes

Website: asana.com

Watch out for

  • Workload views need a higher plan
  • risk scoring needs custom fields
2

monday.com

Best for Visual risk boards and alerts
$9 per user/month (billed annually)

monday.com organises risks on boards with columns for likelihood, impact, owner, status and mitigation, and colour coding makes high risks stand out at a glance. Formula columns can combine likelihood and impact into a risk score, and dashboards can show open risks by project, owner or month. Templates cover project plans, risk registers and issue tracking, so a team can start from a structure that already fits its work.

The Basic plan starts at $9 per user per month billed annually and includes unlimited items, docs and more than 200 templates, with a minimum of 3 seats. The free plan covers up to 2 seats with 3 boards. Teams that need automations, integrations and Gantt views should check the Standard plan at $12 per user per month billed annually, since Basic includes none of those.

Price: $9 per user/month (billed annually)

Free plan: Yes

Website: monday.com

What we like

  • Status columns suit risk ratings
  • boards show risk at a glance

Watch out for

  • Automations are missing from the entry plan
  • risk alerts need a higher plan
3

Wrike

Best for Approvals and structured risk work
$10 per user/month (billed annually)

Wrike suits teams that need a clear hierarchy of folders, projects and tasks, with approvals and proofing built into the workflow. A risk can move through review, approval and mitigation as a task with a defined owner and due date, and the Gantt chart shows how a delay in one task affects the dates that follow. Reports can show risk by project, person and period, and the workload view helps managers spot overloaded weeks before deadlines slip.

The Team plan starts at $10 per user per month billed annually and covers 2 to 15 users, with Gantt charts, dashboards and integrations with common business tools. The free plan covers up to 5 users with basic task and board features. Teams that need resource planning, budgeting and advanced reporting should check the Business plan at $25 per user per month billed annually.

Price: $10 per user/month (billed annually)

Free plan: Yes

Website: wrike.com

What we like

  • Strong task hierarchy and approvals
  • Gantt charts from the entry plan

Watch out for

  • Resource planning needs a higher plan
  • risk reports need setup on the entry plan
4

Smartsheet

Best for Sheet-based risk registers
$9 per user/month (billed annually)

Smartsheet presents a risk register as a sheet, with rows for each risk and columns for likelihood, impact, owner, mitigation and status. Formulas can turn likelihood and impact into a score, and conditional formatting can highlight the risks that need attention first.

The Pro plan starts at $9 per user per month billed annually and includes Gantt views, 250 automation runs a month and 20 GB of storage, for 1 to 10 members. A 30-day free trial gives a team time to build a real register and test the integrations. Teams that need resource management, unlimited automations and proofing should check the Business plan at $19 per user per month billed annually.

Price: $9 per user/month (billed annually)

Free plan: Free trial (30 days)

Website: smartsheet.com

What we like

  • Familiar grid layout
  • formulas suit risk scores and reports

Watch out for

  • No built-in risk workflow, it needs setup
  • entry plan limits some automation
5

ClickUp

Best for Risk tasks and dashboards in one place
$9 per user/month (billed annually)

ClickUp brings tasks, docs, whiteboards, goals, chat and time tracking into a single workspace, so a risk can live as a task with a doc that explains the mitigation plan attached to it. Custom fields can hold likelihood, impact and owner, and dashboards can show open risks by project and by person. The timer sits inside each task, so the hours spent on mitigation work are recorded where the work happens.

The Core plan starts at $9 per user per month billed annually and includes unlimited storage, Gantt charts, custom fields and guest permissions. The free plan covers small teams that want to try the core task, doc and timer features before committing. Teams that need timesheets, resource management and advanced dashboards should check the Business plan at $17 per user per month billed annually.

Price: $9 per user/month (billed annually)

Free plan: Yes

Website: clickup.com

What we like

  • Built-in timer and docs
  • wide range of views and automations

Watch out for

  • Risk scoring needs custom fields
  • advanced reporting sits on higher plans
6

Teamwork

Best for Client project risks and budgets
$9.99 per user/month (billed annually)

Teamwork is built around client work, with projects, milestones, tasks and time logs kept together. Milestones mark the points where a project can slip, and budget alerts warn a team before a project runs over, which often signals a risk that needs attention. Project templates help agencies repeat the same delivery process for each new client, and the client view keeps external contacts informed without giving them full access.

The Basics plan starts at $9.99 per user per month billed annually, with a minimum of 3 seats, and covers project delivery, client organisation and billable time tracking. The free plan covers up to 5 users and 5 projects. Teams that need time budgets, retainers, workload planning and invoicing should check the Accelerate plan at $24.99 per user per month billed annually.

Price: $9.99 per user/month (billed annually)

Free plan: Yes

Website: teamwork.com

What we like

  • Built for client projects
  • milestones and budgets show risk early

Watch out for

  • Risk scoring needs custom fields
  • workload planning needs a higher plan
7

Jira

Best for Software risks tracked as issues
$8.15 per user/month (billed annually)

Jira is built for software teams that track risks as issues, with fields for priority, owner, status and due date, and boards that show work moving from backlog to done. Sprints give a team a fixed window to deal with the risks that matter most, and the roadmap view shows how a delay in one piece of work affects the release date. Automations can move an issue, assign an owner or send an alert when a risk changes status.

The Standard plan starts at $8.15 per user per month billed annually and includes user roles, permissions and 1,700 automation runs a month. The free plan covers up to 10 users with 2 GB of storage. Teams that need advanced roadmaps, capacity planning and a 99.9 percent uptime service level should check the Premium plan at $16 per user per month billed annually.

Price: $8.15 per user/month (billed annually)

Free plan: Yes

Website: atlassian.com

What we like

  • Strong issue tracking and sprints
  • roadmaps show dependencies

Watch out for

  • Setup takes time for non-software teams
  • advanced roadmaps need a higher plan
8

Zoho Projects

Best for Low-cost risk tracking for small teams
$4 per user/month (billed annually)

Zoho Projects covers task lists, milestones, Gantt charts, time tracking and budgets at a price most rivals cannot match. A risk can live as a task with a custom field for severity, and the timeline view shows task dependencies, so a team can see which risks sit on the critical path. The blueprint feature can move work through a fixed set of stages with approvals at each step, which suits teams that need a formal review before risky work goes ahead.

The Premium plan starts at $4 per user per month billed annually and includes unlimited projects, Gantt charts, time tracking, budgeting and workflow automation. The free plan covers up to 5 users and 3 projects with 5 GB of storage. Teams that need portfolios, critical path and custom roles should check the Enterprise plan at $9 per user per month billed annually.

Price: $4 per user/month (billed annually)

Free plan: Yes

Website: zoho.com

What we like

  • Lowest entry price in this list
  • Gantt charts and time tracking on the entry plan

Watch out for

  • Risk reporting is lighter than larger rivals
  • critical path needs a higher plan
9

Notion

Best for Risk registers in docs and databases
$10 per user/month (billed annually)

Notion combines pages, wikis, databases and tasks in one workspace, so a risk register can sit next to the briefs, meeting notes and mitigation plans it refers to. Databases can switch between table, board, timeline and calendar views, and each risk can hold fields for likelihood, impact, owner and status.

The Plus plan starts at $10 per user per month billed annually and adds unlimited guests, 30-day page history and custom database automations. The free plan covers one person with unlimited pages and 10 guest collaborators. Teams that want full AI features, SAML single sign-on and 90-day history should check the Business plan at $20 per user per month billed annually.

Price: $10 per user/month (billed annually)

Free plan: Yes

Website: notion.com

What we like

  • Flexible pages and databases
  • risk docs and tasks share one workspace

Watch out for

  • Project views are lighter than dedicated tools
  • alerts need setup
10

Airtable

Best for Linked risk records and views
$20 per user/month (billed annually)

Airtable works as a database with linked records, so a risk can connect to a project, an asset, a budget and a person without copying the same names into four tabs. Views include grid, Kanban, calendar, timeline and Gantt, and Interface Designer builds simple dashboards for people who only need to view or update a few fields. Automations can move records, send alerts and update linked tables when a risk changes status.

The Team plan starts at $20 per user per month billed annually and covers 50,000 records per base and 25,000 automation runs a month. The free plan covers up to 5 editors and 1,000 records per base. Teams that pass 50,000 records in one base should check the Business plan at $45 per user per month billed annually, since it raises the cap to 125,000 records.

Price: $20 per user/month (billed annually)

Free plan: Yes

Website: airtable.com

What we like

  • True relational records
  • many views and automation runs

Watch out for

  • Highest entry price in this list
  • record caps force a plan change as data grows

What to check before you buy

Start with a short trial that uses real work, not a demo project. Give 3 to 5 people a live project with 10 real risks, ask them to score, assign and update those risks for one full week, then check whether the register, the timeline and the report show the risks that matter. If people keep tracking risks in a separate spreadsheet, the tool is not fitting the workflow, and no extra feature will fix that.

The decision table below gives a quick starting point by team size and budget. Use it as a guide, then confirm the price and plan limits on the vendor page.

Before you sign up, run through this checklist. Confirm the starting price on the pricing page and note whether it is billed annually or monthly. Confirm the free plan or trial length and what happens when it ends. Confirm whether timelines, portfolios and workload views are included in the plan you would buy. Confirm whether approvals, risk scoring and alerts need custom fields or a higher plan. Confirm how many seats you need, including viewers and clients. Confirm the export options for risk registers and reports, since you may need that data if you switch tools later.

FAQ

Which tool is best for a simple risk register?

Notion is the simplest choice for a small team, since a risk register can live as a database next to the docs and plans it refers to, with Plus at $10 per user per month billed annually. Smartsheet is the better choice when the register needs formulas and scores, with Pro at $9 per user per month billed annually.

Does Asana include risk management features?

Asana does not sell a separate risk module, but its timelines, portfolios and workload views support risk work well. A risk register can live as a project with custom fields for likelihood, impact, owner and status, and the Starter plan starts at $10.99 per user per month billed annually. Portfolios and workload views need the Advanced plan at $24.99 per user per month billed annually.

Is Jira only for software teams?

Jira is built for software teams, with issues, sprints and roadmaps that fit development work. Non-software teams can use it, but the setup takes time and the language of issues and sprints may not fit their work. The Standard plan starts at $8.15 per user per month billed annually, with a free plan for up to 10 users.

How do I score risks in these tools?

Most tools in this list score risks with custom fields for likelihood and impact, often on a scale of 1 to 5, and a formula or dashboard that combines the two numbers. monday.com and Smartsheet make that scoring easy with formula columns, while Asana, ClickUp and Wrike need custom fields and a dashboard to show the same result.

Sources we checked

How we score

Need the method behind these picks?

We publish the criteria and the weights, so you can disagree with them.

Asana#1 PICK
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