Project Server integrates with Windows SharePoint Services (WSS) for document, issue, and risk management with an enterprise project management focus.
Risks and issues are similar; however, risks are potential problems or opportunities, whereas issues are actionable items.
Documents, issues, and risks can be associated with projects, tasks within projects, or with other documents, issues, or risks.
Project Server users can set up e-mail notification to alert them when any changes are made to documents, issues, or risks.