RiskyProject Lite is a project risk management and risk analysis software. RiskyProject is seamlessly integrated with Microsoft Project and can be also executed as a standalone application. RiskyProject Lite was designed especially for project managers without any prior knowledge of risk analysis theory. With it, you can define a project schedule: tasks, dependencies, constraints, resources, and costs. Or, you can import the project schedule from Primavera, MindManager, or other products. Once you have a project schedule in RiskyProject, just add different risks affecting schedule, cost, quality, performance, safety, and other parameters - at the project level and for each separate task or resource. You also can define ranges for task duration, cost, start and finish times. This information together with project schedule is used in the risk analysis.

RiskyProject uses Risk Register to manage risks: open and close risks, assign risk properties, convert risk to issues, and rank risks based on their probability, impact, and score.

RiskyProject Lite determines how risks and uncertainties will affect the project schedule. RiskyProject Lite presents you with Risk-aware Gantt Chart – uncertainties in task duration, start and finish times are shown graphically in a special Gantt Chart. You'll be more successful with your projects because you've thought through the risks and dealt with them from the beginning. RiskyProject cannot prevent risks, but it can make you a lot smarter about them.