Project management is a set of validated and described procedures that comprehensively solve the implementation and management of defined activities that relate to a specific project. In the Czech Republic, the issue of risk management in projects often neglected and began to be more used to the ESF projects where is the risk management required. There are used most often for risk analysis 3 methods - sensitivity analysis, RIPRAN method, scoring method. The following article focuses on risk management methods that are not used in common practice immediately concern to project risk management. The benefit of this paper is the connection between methods used in project management and the methods of risk analysis. The result is an overview of the main advantages and disadvantages of these methods and the possibility of their use in different phases of the project, taking into account the time and cost effectiveness.