PRIMA is a European Union project that aims to develop methods and software for analyzing, capturing, and estimating risks to improve competitiveness during the project bidding process. The objectives are to define a risk management method, develop a supporting tool, and disseminate both. The goal is to leverage risks early in the project lifecycle to make better strategic decisions for bids. The PRIMA tool is a cooperative risk repository intended to facilitate knowledge sharing and continuous improvement during bidding and project execution.