In today’s dynamic commercial environments, project management is becoming more and moreudcrucial in supporting organizations to achieve their enterprise goals. However, increasing taskudcomplexity in projects, finishing projects on time within budget, and achieving the scope of the project becomes ever difficult. The purpose of this research as arisen from one of the most important areas in project management, both from a research and a practitioner perspective; ‘How to avoid project failure and achieve higher rates of project success?’. The outcome of this work is to demonstrate how the adoption of project management tools and specific risk management software, if successfully implemented, can be important tools in enabling project managers to achieve higher levels of success.
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