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To quantify the annual probability of earthquake ground motion (GM) exceeding a given threshold, the extensively used method named by probabilistic seismic hazard analysis (PSHA) can be adopted. The PSHA software made this method more effortless for estimating earthquake hazards for a seismic site. The main motivation of the PSHRisk-tool is to evaluate the PSHA by a user-friendly graphical interface as well as identify the intensities of GM, which will contribute to the most vulnerable condition for the infrastructure. This python-code based tool can demonstrate the source identification, probability distribution plot of magnitude and distance, formulate the hazard curve according to almost all ground motion prediction equations (GMPEs). The deaggregation for each intensity measure (IM) and the effect of seismic parameters in each GMPE can also be determined. Alongside this, the combination of the failure frequency and the hazard analysis for identifying risk assessment separates this tool from the other existing PSHA software. Accurate verification with analytical and existing test models and a case study inspires its acceptance rate. However, with the quickest and easiest way users can determine the seismic hazard analysis for any location. Failure risk analysis can be evaluated simply based on the structural failure parameters.