The advantage of project risk management tools

Risk management plays an important role on the success of the any project. There are several techniques, which are available to help different phases of risk management process. This paper presents a survey to identify the necessary tools, which are mostly implemented and related to the success of any project management, and more specifically with effective project risk management. The survey is based on a questionnaire designed to a sample of project managers from the construction industries. The response data was studied to determine which tools are more used in the organizations, which could yield a better project management performance.