Abstract: Risk Assessment Tool (RAT) is an expert system that
assesses, monitors, and gives preliminary treatments automatically
based on the project plan. In this paper, a review was taken out for
the current project time management risk assessment tools for SME
software development projects, analyze risk assessment parameters,
conditions, scenarios, and finally propose risk assessment tool (RAT)
model to assess, treat, and monitor risks. An implementation prototype
system is developed to validate the model.